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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: john brefeld who wrote (3608)8/28/1997 5:38:00 PM
From: Millracer   of 20681
 
John: I agree with you but am afraid there are some weak souls on this thread and, as a result, the supply of stock will be markedly increased over the next few days. As I am sure you know, alot of the people here bought in around $6-8 and they have gone through alot over the past two years. They are nervous and concerned that this is their best chance to break even. This will cause a slightly downward trend until the weak sisters are gone. Then the test results will come out and they will be sorry they sold. I think it will result in a major upward move (I would not be surprised to see 5 or 6 points in one day) into the teens before the BD numbers bring us to 20+. As you said, the really high numbers thrown around over the past few days are light years away--unless we have a BRe-X run for the real deal. I'm long with you.
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