Naxos Resources (NAXOF) Message Board

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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (5810)	11/21/1997 5:43:00 PM
From: sh	Read Replies (1) of 20681

Mark, Your question is one I've been pondering since the IPM release. What if we get numbers in the .1 range? As Mr. Frederick pointed out, this is a reasonable result. However, have our expectations become so high that we are now susceptible to the IPM situation. IPM had a .08 return and still got battered badly, albeit most of its results were below .05. Will we see a similar reaction with Naxos if it comes up with results primarily in the .07-.1 range and some less than that? It should not happen, I think the stock may settle in the $5-7 range until we get further results. However, with the high expectations (mostly due to the results released in August) who knows what the reaction will be. Any thoughts on this are appreciated. Regards, sh

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