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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (9040)2/12/1998 12:14:00 PM
From: Random Walk  Read Replies (1) of 20681
 
Mark, Credibility is hurt perhaps because expectations are so high. We saw several times a run up in price before news, than retracement when the news is released, actually negating the release.
The market for some reason, does not value the facts released at 8 or 10 dollars per share. They value the existing stream of info at a mere 5.00. That of course will change as soon as we get our regular release of certified numbers. I have never been more optimistic then I am now.
Sincerely Don Schreiber
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