To All,
I have just returned to Lurkerdom from a week in the Cyber-free Zone to find my
favourite thread contaminated by the mysterious Hallowe'en haunta virus. To wit:
1) The most sensible Naxos-supportive post from Richard Mazzarella--
surely an event only repeatable on a geological time scale.
2) That most attractive and encouraging of our cheerleaders (Mark S.) has
just shown up in front of the crowd in a fit of alcoholic depression with makeup smeared,
pompoms shredded, dirty-kneed, skirt torn and worst of all starting rumours that the
starting backfield are all impotent
3) The most stout-hearted of our knights (Henry, Millracer, Doug, Eric)
muttering once again about why they believe or not that this whole grail thing is a scam.
(Sorry about the mixed metaphors)
The Good Witch of the West has asked me to intercede on her behalf and she wants
me to let you all know that even though Richard is developing some canine features since
his involvement with Chip, his heart is pure and he is in reality a closet Naxophile. She
agrees with his assertion that there is plenty of reason in the markets for a sizeable decline
in Naxos share value without looking for a sinister and diabolic conspiracy:
1) Margin calls abound
2) Speculative stocks are getting hammered
3) Gold stocks are tanking, none more than the juniors.
So try to think of a stock that is highly speculative, widely perceived as a gold play
only, which has had a huge run-up on the expectation of good drill results. Imagine that
those results are not coming out in the time frame expected. Imagine also that this
company has several neighbor companies working toward the same goal, with similar
delayed or postponed results. In this hysterical environment all of these companies are
down substantially as well. There may indeed be evil afoot these days, but the good witch
wants you all to ask yourself why this week's price action would make you think so.
She also sees the hand of the Wicked Witch of the East in allof this return to scam
talk. Who was it who said that if this is a scam, it is certainly the stupidest one ever
perpetrated. Scams flame out in a matter of weeks or months, not decades. The
perpetrators haven't the skill or tenacity to go on all this time. Jimmy John literally eats
breathes and sleeps this company and has done so for years. That sort of devotion does not
come from quick-buck artists.
Our guardian witch wishes to respectfully point out to Bill Allen that these days
news (or rumour) travels fast. People in different parts of the country can certainly have
the same story on their lips in a big hurry when there is money on the line and a whif of
panic in the air. She is also pleased that the company has let us know that " multiple funds
have invested" in Naxos.
Finally she has asked me to leave you all with a magical mantra to protect you
from evil and self-doubt:
"Ledoux has recovered COC PMs by fire assay"
"Ledoux has recovered COC PMs by fire assay"
"Ledoux has recove.......
Keep the faith all.
Lawrence |
