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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Paul Salber who wrote (9557)3/11/1998 8:56:00 AM
From: Random Walk  Read Replies (1) of 20681
 
Pending news released would raise the asking price giving the market makers hefty profits. Remember folks this is a thinly traded stock with no real market. All someone has to do is sneeze and the price reacts. Unfortunately, this does not seem to work in our favor (yet). We need to entice new investment on a consistent basis to give us the momentum we deserve. You may think you have a drug that cures cancer but first you must prove it, have regulators approve it, then get financing to develop it then blitz the market with sales. The real success comes when you have a story to promote. Sizzle to sell. That's where we're at now. Developing a compelling story to tell. If the story is not convincing, and clearly it hasn't been, investors will get antsy, and the price will drop. Smart investors with clear vision will be happy to buy at these levels. Remove your emotions. Buy!
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