Naxos Resources (NAXOF) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Naxos Resources (NAXOF)

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jerry in Omaha who wrote (15838)	8/21/1998 7:20:00 PM
From: Larry Macklin	Read Replies (2) of 20681

jerry, now you have completely lost me so i must be an idiot! Why couldn't you buy a property before it is completely researched? Seems like a lot of jr mining comanies do just that. Naxos researches. Naxos develops. And yes they do buy properties. They could most likely get into any other business that the board sees fit to enter. Companies change direction and aquire other businesses all the time. Sometimes they aquire businesses that are completely different from their main business. They do this in an attempt to increase shareholder value. Sometimes they are successful and sometimes they are not. Of course, if a shareholder disagrees with a companies desicion to aquire some other business he is free to express his opinions or to sell his shares. I think the management of any successful company must be prepared to stop on a dime and change direction if need be. If companies do not evolve and change then they will die---that i can gaurentee you. Regardless of what i have said i am sure you will have some type of comeback to dispute me but i feel i have made my point and that is the last i will say on the subject so go ahead and take your best shot! Thank you Larry Macklin

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next