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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Henry Volquardsen who wrote (7925)1/9/1998 11:05:00 AM
From: Random Walk  Read Replies (1) of 20681
 
Henry:
Excellent point. Either way we probably would experience dilution to some degree, however, the prospect of adding proven reserves to our coffers without paying for lenghty discovery processes is something perhaps the street might consider and factor into the value
of our shares.

Price down on bid to 5.375. Any takers?

R.W.
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