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

To: B.D.Bauden who wrote (10549)	3/18/1998 10:31:00 PM
From: kenneth w. calligar	Read Replies (1) \| Respond to of 20681

Re: "HO-HUM" If one was a recently deposed executive and one believed very much in the company and the value of the common of the company from which one was deposed, and one was concerned with potentially losing one's options due to aforementioned deposement, then would it not be logical to attempt to exercise said options in favor of common shares (thus avoiding the potential loss)? How would one pay for the shares (at say the $1.00 strike price)? By selling shares already owned, of course (thus turning 1 share of common into 4 shares). Just a thought re today's price action. P.S. It might be more appropriate to spend less time watching the $1/8 price movements daily and more time deciding whether we truly believe in the VALUE of this property. I'm only trying to suggest that if we take a trader's mentality to this stock, we are very likely to trade out of it too soon. This happened to me in DELL, taking many small profits over the past couple years and leaving most of the returns for the long term types.