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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: ShoppinTheNet who wrote (12382)	4/28/1998 2:12:00 PM
From: Tom Frederick	Read Replies (1) of 20681

Mr. 2, you have made my point exactly. The stock was never worth $10 but based on your post, the same current events but with a stock price of $10 WOULD make sense and be OK. Now I am not trying to put words in your mouth, but you clearly are perplexed why we had a $10 price on much less info and now a $3 7/8 price on much more info. What I am saying is that $10 was never a rational price in the first place. Slice off the nonsensical highs and peaks and we are about where we should be with current events and 2 1/2 holes of results. Look at CHIP, Maxam, IPM. Where are THEY priced with "better management" and more promotion hype and even to some degree more info in some cases? So Naxos doesn't look so bad does it! It is a very solid price for the beginnings of some very solid proof of what is in FL. Regards, Tom F.

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