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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Larry Brubaker who wrote (9226)2/21/1998 3:26:00 PM
From: mark silvers  Read Replies (3) of 20681
 
To All
Re: 4/4.5

Late Friday afternoon, naxos started trading higher and continued to do so into the close. The 4/4.5 quote is from the midday update that gets posted for Naxos. Typically the price will update once a day, around noon. That is what the 4/4.5 is.
From what my broker told me, most of yesterdays volume of 80 odd thousand was from the late afternoon spike as that was by far the heaviest flurry of trading.(again, that is what I was told)It is worth noting that yesterdays volume was 2-3 times the normal volume of the recent past. It will also be interesting to find out what happens on Monday. I won't be around, so I hope that I find out some good news upon my return.
Take care everyone.

Mark
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