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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Random Walk who wrote (7903)1/8/1998 4:01:00 PM
From: GlobalMarine  Read Replies (1) of 20681
 
<<It's a shame that most investors will be willing to sell their shares to the institutions at a nice profit. Me, I'll wait for the dividends!>>

Well, as an IPM victim, I can understand why some people would want to take the money and run. When NAXOF crashed and burned to $1 this year, I'm quite sure that some people who had bought at much higher levels didn't want to risk revisiting $1 after the runup these past months. I think the stock's much more likely to revisit $10 than $1.

Rand
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