Naxos Resources (NAXOF) Message Board

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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Richard Mazzarella who wrote (19317)	6/17/1999 8:12:00 AM
From: Kurt R.	Read Replies (2) of 20681

Interesting theory, Richard! Another thought along these lines… I would not be surprised if the stock price is being kept at these low levels until the 4 million warrants @ 1.50 expire (I believe that is some time in July). Another thing that keeps me wondering about what is really going on, is the fairly high trading volume. Unlike with the IPM disaster, the stock price does not evaporate at high trading volumes. Obviously some people are still buying. Are these buyers outright gamblers, or so some know more than others? I guess we'll find out more after the warrants have expired. Kurt

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