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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: Laser who wrote (17385)	12/30/1998 10:36:00 AM
From: mark silvers	Read Replies (2) \| Respond to of 20681

Laser, J/L is a non-entity to all but a few dissident shareholders. Most of the internal turmoil has been eradicated with the departure of both JJ and sid form any official capacity. The $$$ is a problem, but naxos has always had a rather surprising ability to raise cash. More so than of the other dirts. Essentially what it comes down to is this, will the demonstration plant prove to be viable or not? If it does, raising cash wont be a problem. If not, there won't be any need to raise cash:-) Either way, the stock should start to move upwards on speculation when the start up date of the demonstration plant becomes a little clearer. Weather that speculative rise will be warranted by facts, remains to be seen, but a speculative rise is a fairly decent certainty, IMO. Mark