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


To: soxan who wrote (11893)4/16/1998 12:16:00 PM
From: Henry Volquardsen  Respond to of 20681
 
As much as people may not like to hear this, I have expressed the view privately that I would not be surprised to see the stock hit $2 again. I am still bullish on the long term outlook but imho only 1 and a half holes of data do not support a lofty market cap. The good news is that as soon as we get a few more holes and start the 28 hole program next week it justifies a higher market cap. But we will have to tighten our belts for awhile.

Henry