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


To: Graystone who wrote (10589)3/19/1998 9:11:00 AM
From: Henry Volquardsen  Respond to of 20681
 
Henry may be satisfied and though I wish him no ill will, his enthusiasm may often get in the way of his discernment.

Thanks for wishing no ill will and to you also. As far as my enthusiasm, that is an issue for all of us on all sides of this and all discussions. There is no question I got excited by yesterday's news release and responded with excess enthusiasm. I thing everyone reading this thread recognizes that I am long of Naxos and believe it will succeed. But everyone, bulls and bears alike, should also know that I consider it a highly speculative stock as well. I have kept my investment below 5% of my portfolio and believe that is the appropriate maximum for me. I apologize if my explosion of enthusiasm yesterday came off as hype. I believe Naxos is a good investment but I also believe in proper diversification and sound money management.