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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (4410)10/8/1997 8:41:00 AM
From: Neal davidson   of 20681
 
There has not been a major panic over the stock price, and I am glad to
see that. I am getting a closing quote of 5 3/4 from Tuesday, but I
find that hard to believe, because I bought more stock at approximately
3:45 yesterday, and I paid 5 1/4. I bought, even though the stock could
trend lower, because I think we have huge upside potential, and this is
merely a lapse due to nerves. There are some VERY important individuals
and institutions looking at this company...in some cases, individuls have
bought stock and are waiting for news before buying for institutional
accounts...When the deal with Dr. Johnson is confirmed, that will communicate
that the method WORKS and Naxos has the rights to it. I am not the only
one who feels that way, and I wanted to buy more before that news comes out...
The release of numbers, assuming they are similiar to the prior Ledoux
numbers, will move this stock AT LEAST into double digits. I have not bought
pom poms, but I am on the sidelines cheering.
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