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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: mark silvers who wrote (13506)6/12/1998 11:36:00 AM
From: Tom Frederick  Read Replies (3) of 20681
 
Mark, SK makes a very good point. We have finally had a release and the price has gone up and stayed up and is continuing to rise. My feeling is that we are seeing the effect of CPM Group. In other words, CPM Group uses a release like this last one as ammunition to make calls and begin to tell the unfolding story of FL.

A high of $3.80 on good solid volume. For once, the price is really reflecting current events.

We still have lots of work to do, but the drilling and testing seem to now be on a clear path of progress.

Thanks to the new Naxos "A" team, we are looking like a real mining company now.

Regards,

Tom F.

P.S. Have you heard from our friend on his optical adjustment?
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