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

To: Richard Mazzarella who wrote (18273)	3/30/1999 9:41:00 AM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 20681

I invested in Naxos largely on the basis of certified assays from Ledoux. We all know what happened vis a vis Ledoux. And yes I am serious. Feel free to snicker all you want, I have already admited freely that it was a dumb move and a source of personal embarrassment. Naxos is a speculative stock of the worst kind, always has been. Absolutely, with emphasis on worst. That doesn't mean that a good bet can't return rewards. I never implied it couldn't. I specificly stated that it is possible to win a hand every so often. But do you seriously think you can win in the long run by playing the tout's game? You are playing by their rules and in the long run they will win. If Naxos is only viable as a speculative vehicle then anyone who is not on the inside of the information flow is playing against the house. Occasional victory is possible but the cards are stacked against you in the long run. Just a personal observation. Feel free to ignore it if you wish. I'll ignore your bond crack.