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


To: Larry Macklin who wrote (12080)4/20/1998 9:15:00 PM
From: ShoppinTheNet  Read Replies (1) | Respond to of 20681
 
Larry could you pleas define the following investment term to me? " I am on an "event frame"." Are the qoutes you had around event frame from some other author?



To: Larry Macklin who wrote (12080)4/20/1998 9:54:00 PM
From: jlallen  Respond to of 20681
 
Larry: I agree that good numbers from the drill program are fantastic. However, at some point the stock price needs to reflect added value. I value my investments based upon risk and time. I've been in Naxos over three years. Overall, with respect to time my return even at these levels has been good. Factor in the risk and its lousy. For instance if I'd have invested inMSFT at about the same time I'd have an equivalent return with much less risk. Time is money and time for Naxos is running out in my analysis. An event frame is an interesting idea but IMO, it doesn't mean much without reference to a timeframe. You can't separate one from the other. JLA