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

To: mark silvers who wrote (17386)	12/30/1998 11:21:00 AM
From: Laser	Read Replies (1) \| Respond to of 20681

Mark, I agree, Naxos has indeed been able to raise some amazing amounts of cash in the past, but I'm wondering if they haven't been to the well one too many times. The latest troubles just have to leave a bitter taste in former PP participants' mouths. Will they be willing to write out another check on FL? I wonder. Also, JJ was a major force in raising exploration funds, now he's gone. This may have an effect on that aspect. I also agree with the speculative possibilities when the new processes are underway. There may be a window of opportunity for some short term trading, but one should keep the exit door in close view at all times ;).