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


To: Random Walk who wrote (13932)7/1/1998 9:50:00 AM
From: mark silvers  Read Replies (1) | Respond to of 20681
 
Don

FWIW, by October of 1999, Naxos will have long been either a resounding success or a resounding failure, IMO. I personally doubt that Naxos ever becomes a full fledged mining concern. I have always thought that IF they can prove they proerty, they will most likely sell out to a more professional and larger mining concern.
To take it a step further, I doubt that Naxos will be Naxos a year from now. I thnk we will have either made it or failed by then. If we make it, the market mnay never see those warrants, as they will be just be held until Naxos makes it(hopefully) and is bought out.

If Naxos doesnt make it, there is no need to worry about the warrants, unless your bathroom needs more wallpaper:-)

Mark