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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Paul Salber who wrote (7657)	12/29/1997 12:16:00 AM
From: GlobalMarine	Read Replies (2) of 20681

Thanks, everyone, for your comments to my question on the current stock price weakness. In a way, I'm not surprised that it's come back down to $6. The stock first blasted off from $6 to $9 in just two trading sessions in October, 1997 so dropping down to re-test the $6 level isn't necessarily the end of the world (but a bit troubling given the non-COC 3 oz/ton gold that was recently released). Breaking down decisively below $6 would really start to make me wonder. Rand

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