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


To: soxan who wrote (15858)8/24/1998 5:15:00 PM
From: Tom Frederick  Respond to of 20681
 
It's an up day with no news and everyone is staring at this screen waiting for a reasonable explanation. Well, there isn't one. Unless we can take the good/bad weather, leap year in Japan theory into account. Whichever it is, let's just let the other shoe drop on J/L and hear about next steps.

Tom



To: soxan who wrote (15858)8/24/1998 9:42:00 PM
From: GlobalMarine  Read Replies (2) | Respond to of 20681
 
Soxan: I think the stock price has to do with JL. Management had a cutoff grade of 100 oz per ton below which it would abandon FL and the most recent Russell update showed 101 oz per ton. Management tried desperately to kill FL anyway but just couldn't sway the board.