International Precious Metals (IPMCF) Message Board

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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: knight who wrote (29745)	1/10/1998 1:05:00 PM
From: go4it	of 35569

No I don't follow Naxos. Shortly after I had heard about the company it got delisted from the ASE. I do know that Naxof is almost impossible to follow because it is traded on the pink sheets which also makes it very difficult to short as well. If they ever get off the pink sheets then I would strongly recommend heading for the hills. IPM was in a position to do a placement at higher than $6 and never did for whatever reason I could only guess but probably because they felt that the PP could be done at higher prices. Miscalculation I guess. Chuck

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