SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Naxos Resources (NAXOF)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: RRG who wrote (16930)11/9/1998 11:54:00 AM
From: Tom Frederick  Read Replies (1) of 20681
 
Mr. G. I will assume that Larry is anticipating the eventual release of test results on the new and improved J/L method. Since those who are left in this stock want to see the final outcome, (as indicated by the lack of sell off this morning) it also stands to reason that if a reason for renewed hope in the outcome of FL is released in the form of good numbers, then we will see a rise in the price.

However, a true rise in the price will be a function of NEW money. I don't know anyone who plans on buying more, mainly because most of the people I know were buying for the last 7 years.

It will be up to management (assuming there ARE good numbers to release) to find the new money to get this stock moving again. And if the numbers are good and repeatable, that won't be a problem.

As far as Larry's time table, well, this is still Naxos. So I no longer expect anything on a reasonable or pre planned time table. It will take as long as it takes.

Tom F.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News