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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: soxan who wrote (12115)4/22/1998 2:47:00 AM
From: Jim Lucky  Read Replies (1) of 20681
 
A Wiseman once told me "If you wouldn't sell it here, then buy it" and

Well, then by logical reasoning the converse must also be true.
"If you wouldn't buy it here, then sell it" but, that really requires great ignorance or the misfortune of margin account maintenance given what I assume most of us know at this point. I'm no expert on TA, but the chart here seems to have formed a double bottom which I believe here could be a sign of reversal combined with todays very little volume. Resistance at 2.625 on March 13th and April 16th with significant volume.

Perhaps this is much too optimistic for some, but it would seem that since the apparent geological features the Franklin Lake Playa are similar just by sight one could reasonably assume that the current results will more than likely average out the same or higher with more experience and the J/L process will be a bonus when it succeeds. The clay appears the same throughout, in fact, I happen to have some right here, a whole "COC" box full and a couple of Franklin rocks to boot. All I need now is a hydrogen oven.

Still buying here, and expecting a big move early in May if only by anticipation of news as that trend (really an anomaly) is long overdue to reverse as well. If you want to see the amazing impact as well as shocking effect that stock relative news has, take a look at KTEL this week. I see it coming to a theater near you!!!

Is there a cat in a bag somewhere???

Jim Lucky
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