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


To: Tom Frederick who wrote (14497)7/20/1998 1:27:00 PM
From: mfgrep  Read Replies (1) | Respond to of 20681
 
I hope you are correct Tom...and I take your analogy to heart. Yes..you are correct.

But...has anyone thought about this?

a) Perhaps under our new management we have encouraged Rocky Mountain Geochemical to find no ore (that would be a twist eh?). I know that sounds silly...but who gets into trouble for NOT finding gold in a sample??

b) The stock price plummets based on the news (as you are witness to). It is now up to the more reputable of the two firms (Ledoux) to explain their initial test results which they are sure to do.

c) While we are waiting for results....insiders are buying up all the little scraps at bargain basement prices awaiting Rocky Mountain to admit that they botched the tests and that there actually is GOLD!

d)NO FOUL!! Stock price goes up! Many sellers kick themselves in the butt. Naxos now has money to either fritter away on Harley Davidsons and Leer Jets or reinvest into R&D, mining, equipment.

Gee Whizz....who is buying all the shares now????

Of course this is all opinion and is based solely on the grotesque track record of this foul smelling company, its promoters, and those associated.

I wish that for one moment I could believe that there is not a stitch of truth to my sentiments above, however, there is not a single reason for me to believe any differently...

Jason