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

To: Missy Link who wrote (5839)	11/22/1997 10:39:00 PM
From: HungryLion	Read Replies (7) \| Respond to of 20681

So when is this scam going to finally come unglued? A totally absurd market cap combined with no legitimate news. Not much room for error if you ask me. HungryLion

To: Missy Link who wrote (5839)	11/23/1997 4:02:00 AM
From: Doug Meetmer	Respond to of 20681

<The volume on friday tells me someone knows something and it is going to be impressive. What bothers me is others know but we get zip. > Missy, I would tend to agree with you. As I have always said, no matter how tight lipped we perceive Naxos' management to be, there would always seem to be trading days that defy explanation and I usually attribute those days to information leaks. Lets face it, Naxos traded well into the 200's K shares on friday. For a stock that just about no one knows about, that's a lot of shares. A good assumption that I tend to rely on is that I am usually the LAST person to know something, not the first. I would also say that is probably true of most people on this thread (the assumption being that people truly in the know wouldn't be posting on a thread). Therefore, in the absence of any special knowledge, I usually just rely upon doing the best due diligence that I possibly can, and using my fair judgment to evaluate investments from a risk/benefit perspective. I will be in the NY metro area for the next week so will check back here on Dec 2. Good Luck this week. Regards, Doug