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


To: Tom Frederick who wrote (13916)6/29/1998 5:54:00 PM
From: ShoppinTheNet  Respond to of 20681
 
Good post Tom but this millipede analogy has got to go before someone starts talking about stomping on that bug. WoW good thing all the shorts have left this good ship.



To: Tom Frederick who wrote (13916)6/30/1998 2:36:00 PM
From: mark silvers  Read Replies (4) | Respond to of 20681
 
To All
FWIW, anyone who is not happy with the performance of our share prioce over the near term should take a look at some of the other dirts for a
quick relative value perspective.

For whatever reason(I dont follow them close enough to know why) the other dirts have nose-dived recently. GPGI is roughly trading at 50 cents, MXAM is at a quarter, Chip is quickly approaching a dime, and IPM has filed chapter 11.

While that may not make anyone feel better in and of itself, I think it does underscore that we are in a very difficult market for Jrs., and an even more difficult market for properties that are not yet viewed as mainstream such as the "dirts".

mark