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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Henry Volquardsen who wrote (12119)4/22/1998 11:09:00 AM
From: soxan  Read Replies (2) of 20681
 
To Henry
From Soxan
OK,lets use your conservative number and value Vevezuela at a buck.
I think if we had any P.R. at all even our old claims up at Shumway would give us .25-.50 value per share,lets say together 1.25 per share. We are currently 3.12 per share.We have approx.25 million shares, so presently F.L. is valued at Approx. 45-50million My opinion is we are currently very under valued.
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