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

To: BobS who wrote (19100)	5/11/1999 4:37:00 PM
From: Tom Frederick	Respond to of 20681

Bob, You posted "...one should invest in these companies to obtain profits from the rise and fall of the stock price based on public speculation rather than from corporate revenue-generating operations." My opinion of that approach is that you seem to not be adverse to hyped up stock prices if you are smart enough to sell on the upswings. As has been mentioned here before by Henry, it is not exactly ethical to make profits off of others bad investments. Personally, the only reason I invested in Naxos ever was because I believe there are PM's at FL and that at some point in time, given enough money, they will figure out a way to extract them. That in turn will create revenue and profit. JMHO Tom F.