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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (19445)	7/13/1999 1:11:00 PM
From: Chuca Marsh	Read Replies (1) of 20681

Why, you have warrants? And a 90 day window, to wait and see the PP results on FL ore. Pilot Plant RESULTS on Franklin Lake ORE. RESULTS and ORE, nothing else matters, think longterm, not trader mentality. JMHO. Chucka- say you buy in at 30ish today and it goes up to 60 or 90. In those 90 days. Great. Now, conversely, it dives to a dime. ( I am a Red Sox fan!) So, you have the built in bennies on any up...as warrants give you that window, and YOU HAVE ZERO RISK on a company that is so overdue, that all they put out for news is a trading vehicle. If Maxam or Global did this I would bail. JMHO. Chucka

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