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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Paul Salber who wrote (19953)10/29/1999 11:52:00 AM
From: Kim W. Brasington  Read Replies (3) of 20681
 
Paul:

If you would like to check the public records then you will find that the last options granted were at $.80 Canadian. It does not make a lot of sense to be cashing in $.80 Canadian options at this level. Secondly, each week Naxos receives a record from the transfer agent of who have sold shares - the majority of volume on the sell side came from the Father Gregory camp.

Regards,

Kim W. Brasington
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