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

To: Henry Volquardsen who wrote (14612)	7/22/1998 11:11:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 20681

Henry, thanks, I agree with that. This is and always has been a speculative stock. I know you have argued for a more conventional posture so as to value it more as a value play, but you can't deny the stock trading evidence. There is more potential opportunity to make money in a speculation phase than any value phase. My wonderful little RIC value play is just dead money. I'll take a dirt any day for potential of speculation short term reward. My value plays however provide a secure foundation and liquidity for the "games" when necessary.

To: Henry Volquardsen who wrote (14612)	7/22/1998 12:16:00 PM
From: arschgesicht	Read Replies (2) \| Respond to of 20681

Well said, Henry. You are the only one to articulate the real NAXOF story, besides me (see previous posts.) Not only does the dead cat bounce, but the bones seem to be vulcanized. How many of you loaded up under a point???? Here comes another easy 30, 50, 100% run. Short term, of course, but that makes it even sweeter. If you bought Sears @ $50, you'd hoot and hollar if it went to 65, 80 or 100 in a few days. Take a note. Ride the wild NAXOF pony AGAIN!! (and again, and again) YeeHAA Herr Arschloch to You

To: Henry Volquardsen who wrote (14612)	7/22/1998 12:47:00 PM
From: GlobalMarine	Read Replies (1) \| Respond to of 20681

Henry: Naxos's stock price generally doesn't move in one direction or another without good reason, and although it's a little early to say that today's action means something, perhaps there's still ongoing short-covering or something is developing on the fundamental front. I don't think I've just said anything new with the foregoing, but heck, two more days until the AGM and I'm really excited to go and find out what the *&%$ is going to transpire! Rand