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

To: Henry Volquardsen who wrote (8970)	2/10/1998 1:05:00 PM
From: mfgrep	Read Replies (1) \| Respond to of 20681

Gentlemen and Ladies...... I think it obvious that someone out there (or a group) sold off approx. 25,000 shares yesterday. We have had a fairly consistent volume of 25,000 shares per day...and increased that by 100% yesterday which dropped the stock price below 5. This wouldn't bother me in the slightest but for the fact that there hasn't been much action lately. The action that we HAVE had has been positive. (ie: press release, no negative reports or assays) On the + side....perhaps an individual (again..or group) bought in at $0.75 and with loose nerves decided to call it quits and go fishin' On the - side....perhaps an insider with $100,000 or so in Naxos determined that he would be selling off in chunks...as slowly as possible...so as not to make huge waves. We can all see the waves here....even at low tide. There isn't enough volume to avoid it. I encourage everyone to hold on. I, for one, don't plan on selling at $8, 9, or even 10. Perhaps not even at 15. Call me crazy...but I got into this deal for the ride...whether it take me to the cleaners or to the stars! Keep the faith people...I can make a few point on any 'ole stock....this one is a thrill ride baby! ...P.S...stock market at all time high as of noon....+112pts. Jason