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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (3658)8/30/1997 8:40:00 AM
From: david cohen   of 20681
 
Mark I could be wrong but I think Jerard is on vacation. Anyway, Im still here and am enjoying all the interesting posts. Everyone has different opinions but it seems everyone agrees that Naxos is back on track. At this moment in time know one really knows what Naxos is worth...some think they do, but no one knows for sure. One thing that is for sure is that Naxos is 'potentially' a very undervalued stock, which means speculation, rumors, anticipation and excitement over the next few months. As the story begins to grow you will see more and more people buying and selling, number of posts on this thread will increase and so will the shares traded. I think the best case would be for Naxos to find a huge corporate metals partner to pay for future mining and development...this would lend instant credibility and much needed capital. Until then the powers of speculation will endure and share price will fluctuate with fothcoming news and rumors. I think the stock will open higher tuesday..7-8.. and then steadily rise in the coming months. Who knows Naxos may be one of the biggest news stories in 98'. Regardless, we're back and so is Naxos!
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