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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: knight who wrote (9504)3/9/1998 9:54:00 PM
From: mfgrep   of 20681
 
There have been many posts over the last weeks with regards to the "agenda" of the "insiders".

I don't know about you....but if I were an insider there would be one of two things on my mind:

A) Wow...I better buy as many shares as I can now...I'm gonna be rich soon!
B) Uh oh...better grab a breath...we're going under. (as I sneak to the nearest bathroom stall to use the cellular to call my broker in Jersey)

By the looks of our current price and volume...it doesn't look pretty.

I am most concerned with the way that many of us (including myself)seem to disregard the seeming fact that insiders occasionally control the price of this stock. If I were to follow my normal investing strategy I would never tolerate such a situation. Why is it that with regards to Naxos I feel that this is merely a "part of the game".

I am fastening my harness people...I hope that I don't have to bring out my tax parachute!

Sleep Sound,

Jason
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