SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Naxos Resources (NAXOF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mark silvers who wrote (9960)3/13/1998 2:17:00 PM
From: Random Walk   of 20681
 
Mark: As usual your insight is on the mark. Consider the trading volume for a moment. 30 odd million shares outstanding only 170k average the last two days. Myopic shareholders will sell. Intelligent investors will patiently await the entire story that is just beginning to unfold. True the primrose path has been a crimson minefield with delays and unrealistic expectations but we are on our way to proving up a world class precious metals property. Those who do not understand or cannot tolerate the substantial risks ahead, lighten or eliminate your position. There are many of us here who would be happy to accomodate with buy orders.
Don Schreiber or Random Walk. Those who may know of the random walk hypothesis understand efficient markets. Efficient markets reflect all available information in the pricing of securities. It infers that supply and demand tendencies are rational. I disagree. The markets are not efficient and substantial money can be made by those who are patient and wise. It's called value investing.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext