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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Random Walk who wrote (9498)3/9/1998 7:33:00 PM
From: Jan A. Van Hummel   of 20681
 
It seems we have another test of our intestinal strength. It looks like
the current run is starting to shake some stock loose.

Is this part of a devious plot?

Is the absence of news intended to shake loose some stock? Or may
be, to set up a PP for the smart money to get in at the bottom?

The volume is still small, too small to suggest any problem that would
spark a run for the exit doors by the insiders.

However, it seems that management is increasingly unable to adequately
and professionally inform those co-owners (us), not charged with the
day-to-day affairs of the company, about pertinent developments that
may or will have a material affect on the well-being of the company, be
it positively or negatively.

Alas, for a while I thought my holdings started to look like an investment.
Slowly we are sliding to the level where I have to consider it again
an eternal option. Shucks.

JMHO

Jan
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