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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: P.Kirkpatrick who wrote (6306)12/4/1997 11:43:00 AM
From: KRosenfeld   of 20681
 
Does anybody have a sense of where the valuation of Naxos' share price comes from? Is it from the COC numbers that were presented at the end of August? Is it from the non-COC numbers presented in that same report? Or is it based on supply and demand of the stock?

I'm just trying to get a sense of how we got to this stock price, and where we can expect it to go with the anticipated anouncement sometime this week(?).

Ken
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