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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Larry Macklin who wrote (19433)7/12/1999 10:10:00 PM
From: jbIII  Read Replies (1) of 20681
 
Why would this news make the stock go up?

Well Larry, if I was the suspicious type, I would say the news didn't make the stock go up, rather the stock was driven up to make the news. Seems like $.35-.40 share price might be a little more attractive to any Warrant holders being given the opportunity to buy now at $.50 instead of later at the original price. It would certainly be interesting to know who was buying ahead of the news. But that's just if I was the suspicious type.

jb3

ps. Am I too naive to be suspicious??
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