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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: U.B. Green who wrote (13114)5/25/1998 2:24:00 PM
From: Richard Mazzarella  Read Replies (2) of 20681
 
UB, I really thought the guy was talking about value investing, like the companies that represent the XAU. I have most of my investments in undervalued high quality companies (value stocks) like those in the XAU, but play 10% of my portfolio in speculative stocks like Naxos and the other dirt's. After I last posted, I really became curious on how Henry could call Naxos a stock worthy of value investing. I went to his profile and think that I now understand. Maybe someone that deals derivatives can call Naxos a value play? <VBG> Well, if anybody has been investing in Naxos as a value stock, it sure got the snot kicked out of it with those last assay numbers. It's a good thing that I view it as a speculative desert dirt with more potential than those numbers, or I would be shouting fire in a crowed value stockholders theater. <VBG>
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