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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Jerry in Omaha who wrote (13476)6/11/1998 3:31:00 PM
From: SER  Read Replies (1) of 20681
 
Jerard,

MY thoughts and JUST MY THOUGHTS.

1) In the short term (0-3 months) a major investor(with balls) or two will start pouring money into the stock. The price will rise a few dollars to about five if that happens.

2) Mid term, (2-6 months) institutional investor should start investing in Naxos. If the Stock price can get and stay above five, the minimum for some institutions, we can start seeing a feeding frenzy, especially if the market tanks. Price will hit ten and above if stock is not diluted, by issuing more shares.

3) Naxos is going to need help in getting this stuff out of the ground and processed.They can do it all by themselves (mine FL) with higher start up cost and time to market or they can utilize already existing infrastructure of another mining company. That is why I think in the long term, (6-12+ months) partner, merge or takeover with a major mining company. Or be taken over by another mining company for $$$ cash plus shares in the new company.

Again just my thoughts!!!!

SER
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