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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (19938)	10/27/1999 2:53:00 PM
From: Tom Frederick	Read Replies (2) \| Respond to of 20681

Interesting buying today. But someone is working awful hard at keeping the price down. Look at those sells. 12:53:23 0.112 35000 OTCBB at Ask 12:33:30 0.112 10000 OTCBB at Ask 11:49:26 0.112 10000 OTCBB at Ask 11:49:20 0.112 15000 OTCBB at Ask 11:49:14 0.110 55000 OTCBB 11:48:59 0.112 10000 OTCBB at Ask 11:41:41 0.112 16000 OTCBB at Ask 11:35:40 0.112 15000 OTCBB at Ask 11:31:39 0.110 40000 OTCBB At these prices it's still not a lot of money, but relative to recent trading, it's a strong day for Naxos. The size of the blocks being bought seem to indicate a desire for some to have a good size position. But the selling of 40,000 and 55,000 shares at this point in time just doesn't make much sense. It's not as if this is a good price to sell at. And we are just weeks away from finding out if Naxos just might have something to offer the market. But even more so, I'm surprised the price hasn't changed at all other than down a bit in the face of strong buying. Then again, there has never been any rhyme or reason to the price of Naxos stock! Why start now. Tom F.