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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Larry Brubaker who wrote (8315)1/20/1998 8:11:00 AM
From: KRosenfeld  Read Replies (1) of 20681
 
Larry,
I understand your reasoning about market cap but do you believe that Naxos, Maxam and the others are "all or none." By that, I mean, don't you think that the stock of these companies is either going to go very high based on the ability to put PMs on the table or sink to very low levels (aka - Close to zero) with no ability to put PMs on the table.
The ability of a stock to go to zero does not matter on the starting point or market cap.

Now, before Naxonians jump all over me, I know we have the South American operations, but I think it is safe to say that we are all here for the potential of FL.

Respectfully,
Ken Rosenfeld
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