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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Richard Mazzarella who wrote (9839)3/12/1998 4:49:00 PM
From: mark silvers  Read Replies (1) of 20681
 
Richie

Maxam stock is at 40 cents because they have no COC that isnt done by their own consultants. They were also supposed to be in production by the end of the first quarter. There are many reasons why each stock is at its current price. Personally I dont think share price is a good indicator of value in stocks such as these, but it was your point that you brought up.

BTW, Tom has done immense amounts of research on Naxos. The reason he gets respect on this thread and you are frequently ignored is because he usually backs up his statements with fact. When you have been asked to do that on this thread, you usually just disappear.

Mark
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