L S Capital / Griffin Gold (OTC:BB CHIP) Message Board

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Gold/Mining/Energy : L S Capital / Griffin Gold (OTC:BB CHIP)

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To: Richard Mazzarella who wrote (2217)	10/23/1997 2:32:00 PM
From: sh	Read Replies (1) of 3594

Richard, I know you're not too excited with Naxos. I agree that a lot of the current stock price of Naxos is based on the anticipated good COC numbers. But understand that with the good numbers, we should also have greater interest from some major investors, and if that comes to fruition, then even more interest from institutional investors. Thus, the price of Naxos has a lot of room for appreciation even with the anticipation of good COC numbers built into the current stock price. Also keep in mind that listing on an exchange is another factor that can positively impact Naxos' price. Assuming we get the good COC numbers, my personal opinion is that the stock will appreciate considerably in the not too distant future. I'm sure you know that that is the general feeling on the Naxos thread. BTW, IMHO, a good report from IPM cannot hurt Naxos, only help it. Best regards, sh

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