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


To: Kim W. Brasington who wrote (8063)1/13/1998 10:48:00 PM
From: Doug Meetmer  Read Replies (1) | Respond to of 20681
 
<<The COC certifications by Ledoux would seem to beg the question - why would any insider want to sell at this point?>>

Kim, how many times could a person have bought low and sold higher in the last year? Many.

Most of the insiders own shares CHEAPLY and could easily sell for a five bagger now. Insiders of corporations typically get renewed
options each year and routinely sell at market to turn some cash
flow.

I expect that Naxos insiders will be net sellers (if they havent
already been selling all along).

Doug