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

To: Lalit Jain who wrote (10999)	3/26/1998 1:14:00 AM
From: Jerry in Omaha	Read Replies (2) \| Respond to of 20681

Mr. Jain; <<Naxos to go electronic trading on April Fool's day ! The stock may zoom>> I've been thinking about our strange situation -- good news release, stock price falls -- and I believe what we need is a new metaphor to describe what might be going on. (Let me just make an adjustment of my rose colored glasses to compensate for all the blue sky glare getting in my eyes -- I know I'm way out on a limb here with only two referee laboratories backing the play, but what the hell, I've been known to take a risk or two in my life.) It seems to me that with each release of good news that is followed by a reduction in the share price a dynamic paradoxical tension is created. The true believers are re-inforced in their convictions (witness this posting), and the scoffers renew their empty scoffing and the share price is stretched backwards. What does this "Y" shape and tension remind us of? If we make the wild and risky assumption that Franklin Lake has a billion tons or more of ten times world class assayable ore then at some point the elastic tension created by good news followed by retreating stock prices will reach a critical point and either the elastic breaks (always a painful possibility), or Naxos is slingshoted out of single digits and beyond as the market accepts as reality what most of us here already believe to be true. So that's my metaphor to explain the apparent paradox of good news followed by falling stock price; it's a draw-back-the-slingshot phenomenon. Perhaps it will be April Fool's Day and electronic trading that will stimulate the tension release, perhaps some other important event. The point is the tension releasing event is well nigh inevitable and when it happens it will be swift. Afterwards those that doubted, or did not make a move, will have haunting their heads the words and music of Roger Waters when he mused about the Dark Side of the Moon; "No one told you when to run...you've missed the starting gun." Jerard P