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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: citydi who wrote (10725)3/20/1998 3:40:00 PM
From: knight  Read Replies (1) of 20681
 
Citydi, I may get blasted for this response also ;-)). If it wasn't for the support of long time Naxos holders, the share price would be even lower (running and ducking for cover). Seriously, Naxos disappointed the general market by not living up to the big numbers released last Fall. We have seen J/L come out with some decent cash for their efforts. Cash which could have been utilized much more productively IMO. Now Naxos has to do some damage control to regain the markets confidence. Just MHO.
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