Naxos Resources (NAXOF) Message Board

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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: james m. schultz who wrote (4426)	10/9/1997 9:33:00 AM
From: mark silvers	of 20681

James Thanks. Unfortunately I don't know what the float is. If someone else does, please post and let us know. My own opinion is that I 'm not entirely sure how important that is. To me, float is more useful as an indicator when you have defined situations and ranges. I think in a situation like Naxos, where you have a purely explosive fundamental play, it becomes less important. Either they have the goods or they don't, and if things turn out like we all hope that it will then float won't be a large determinant. Mark

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