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


To: sh who wrote (6044)12/1/1997 10:14:00 PM
From: mark silvers  Read Replies (1) | Respond to of 20681
 
SH
I don't know why the stock took a hit today. I do know that for the last three weeks or so, it has traded up on Thursday and Friday, only to sell off on the following Monday. What does that tell us? nothing. We are still in the same range that we have been in for quite awhile. We have been as low as 5-something and a little over 10, so we are basically in the middle of that range.
Until we get news, nothing much is going to change. Hopefully that will be sooner rather later. In my mind, the price and volume tell you nothing. Yes, they have at times predicted news about the stock. There have been other times where it has predicted nothing.
If we trade at 3 tomorrow or we trade at 12, it won't really matter unless we get a release, because I'm not selling.
What kind of news are you all afraid of. that Ledoux will wake up from bad dream and pretend that they haven't certified the presence of gold and platinum in the past?
IMO, the worst news you could hear is that results will take a little longer than expected. The best is that we have gotten great numbers again. Personally, I like that kind of risk/reward scenario.

Mark



To: sh who wrote (6044)12/1/1997 11:42:00 PM
From: Stoopid  Read Replies (1) | Respond to of 20681
 
sh: I think it was Rand that hit it on the head. There are often up-spikes followed by downspikes. Panic does seem to set-in and those that had quick profits take them... don't worry -- the gold is there and we will soon have better proof. As for Obnoxious smalldick Lion -- Go away. You have no research. If the stock has no interest from the industry, then how did they get a nickname?? Either the gold is there or we'll lose. That simple. Peddle your crap elsewhere, as we don't need any philanthropists here. The large market cap shows some powerful money and the insiders are barred from trading. Unless you have proof of illegal activity, shut up or express your views as the opinions (uncluttered with fact) that they are...

Chris Inglis