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


To: GlobalMarine who wrote (7649)12/26/1997 8:35:00 PM
From: John Sloan  Read Replies (1) | Respond to of 20681
 
NO
john



To: GlobalMarine who wrote (7649)12/27/1997 1:09:00 AM
From: Lawrence Brierley  Read Replies (1) | Respond to of 20681
 
Rand,

Not worried. This is little off the previous close on minuscule volume. All the serious players who have a life are neither in the market nor logging in today.

My biggest source of concern is that I have all these years misunderstood the derivation of the name of of your legislative body. I have Jerard's post to thank for this. As an ingenuous north-of-the-border type I always thought it derived from the euphemism for what sometimes happens between a man and woman away from prying eyes. I always thought the name was particularly apt because at least here in Canada when the legislative act occurs, there is no question about who is on the receiving end. Tsk.

Perplexed Lawrence



To: GlobalMarine who wrote (7649)12/27/1997 1:32:00 PM
From: Paul Salber  Read Replies (2) | Respond to of 20681
 
Rand,

Yes... I am also concerned, but not panic stricken.
The amazing thing is that, given the news releases of
August 29 and Dec 10, there has been no significant move
in the stock price despite the (almost) indesputable proof
of the existence of PM's at Franklin Lake.

As has been stated previously here, there is also the
possibility that many potential buyers have been involved
in the recent private placement and therefore, taken out
of the market. If this is so, we should see a bounce when
the PP is completed (assuming that it hasn't already been)

Hopefully all of the necessary assay work will soon be done
and a full "certified" report issued. Then finally we should
be on our way. If that doesn't move the price......

On the other hand, this may be a buying opportunity like we'll
never see again...(un)fortunately, I'm loaded to the gills
(I also have enough Naxos stock)

The real problem, as stated by a friend of mine, is that
this stock has been scrutinized to a much greater extent than any
other stock he has ever seen. We (shareholders) constantly seem to
demand updates and comunications from the company. I work for a
large corporation and they are not expected to constantly update
shareholders on the status of development efforts. Yet we (yes, me
too) seem to want weekly (daily ?) updates ...

As hard as it is, we must all be patient. Perhaps I'll read this post
and remind myself too when I feel the need for news.

Take care all and have a nice and safe holiday season...

Paul