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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: N.Howard who wrote (7501)	12/18/1997 10:27:00 AM
From: JMB55	of 20681

N. Howard, not a bad price for the PP (from an investor's standpoint). There certainly is no way we would have been seeing this kind of PP price over the last few years. Just a little retracement in our price short-term, IMO. After the recent PR, I wouldn't anticipate Naxos having too much trouble fully subscribing the PP. Just curious what Allen & Co. is thinking these days. Get the feeling we've got some nice strength building here. Best to all, Lurker Jack

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