Robert, if you wait for electronic trading, you will be paying a much higher $/share. Eventually the true Naxos story will unfold for more of the investing public. As it does, the price will rise a lot, IMHO. The Market Makers are probably playing their games with us too.
I sure wish that we really knew why Ledoux is slowing things down. If Naxos had bad oz/ton numbers, Ledoux would have broadcasted it to the world by now. I think that big business behind the scenes is responsible for artificially suppressing the certification timing (I wonder about the legality of this too).
If we don't get more news soon, the nervous folk might start to bail, and you could catch a bargain as the price drops a little, but if you miss Naxos before the next release, or a major financial institution bites, then you will not be able to get in as cheaply. Please be aware that major distortions are occuring by some of the negative types. Ask questions on the thread, and we will answer them. Or just call Naxos.
Naxos has a long history, and many are not aware of info from the past. Lack of this background makes many new investors nervous, understandably. Good luck with your decision. |
