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


To: soxan who wrote (12115)4/22/1998 12:32:00 AM
From: citydi  Read Replies (1) | Respond to of 20681
 
Hello Everyone ~

Here is a clue - anyone watch Tom Synder in NY last night?

Citydi



To: soxan who wrote (12115)4/22/1998 2:47:00 AM
From: Jim Lucky  Read Replies (1) | Respond to of 20681
 
A Wiseman once told me "If you wouldn't sell it here, then buy it" and

Well, then by logical reasoning the converse must also be true.
"If you wouldn't buy it here, then sell it" but, that really requires great ignorance or the misfortune of margin account maintenance given what I assume most of us know at this point. I'm no expert on TA, but the chart here seems to have formed a double bottom which I believe here could be a sign of reversal combined with todays very little volume. Resistance at 2.625 on March 13th and April 16th with significant volume.

Perhaps this is much too optimistic for some, but it would seem that since the apparent geological features the Franklin Lake Playa are similar just by sight one could reasonably assume that the current results will more than likely average out the same or higher with more experience and the J/L process will be a bonus when it succeeds. The clay appears the same throughout, in fact, I happen to have some right here, a whole "COC" box full and a couple of Franklin rocks to boot. All I need now is a hydrogen oven.

Still buying here, and expecting a big move early in May if only by anticipation of news as that trend (really an anomaly) is long overdue to reverse as well. If you want to see the amazing impact as well as shocking effect that stock relative news has, take a look at KTEL this week. I see it coming to a theater near you!!!

Is there a cat in a bag somewhere???

Jim Lucky



To: soxan who wrote (12115)4/22/1998 6:04:00 AM
From: Henry Volquardsen  Read Replies (1) | Respond to of 20681
 
Soxan,
funny you should mention it but I had just asked IR about Venezuela earlier in the week. Nothing earth shattering yet but progress continues to be made. The project is not cash flow positive yet but the burn rate is very low. 3 1/8 is probably high for valuation on Venezuela alone. I've been using a value of $1-1.5.
Henry