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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Brian Hutcheson who wrote (6378)	12/4/1997 10:07:00 PM
From: Graystone	Read Replies (2) of 20681

Helping Out I am using this thread to try and decide if NAXOF is a good buy for me or anyone I know. I asked a question and have received nothing but personal attacks and rhetoric. The question I am asking is a valid one. The material referenced was found by using the name Merwin White on the search engine Infoseek at infoseek.com See: Listing 177. This document was returned along with two others. I read it with great interest as Merwin White and his assay methodology figure quite prominently in the NAXOF story. When the small investor is the victim of a scam money is usually irrecoverable and even small amounts lost through the disreputable actions of others is too much. The claims made in the letter raise a few irrefutable points. The first may be the most sinister, a different Mr. Merwin White and a different Mr. Austin Lett are the managers, you may wrestle with that. The second is the claim being made by White and Lett. $427,000,000 dollars is a lot of money. The third point deals with the document age. If that document is older than NAXOF and Franklin Lake then Franklin Lake may be the property in question, the claims seem similar. If the property in question is Franklin Lake then there may be prior undisclosed claims. If it is a relatively new document then Mr. White and Mr. Lett have a different agenda than thier publicly displayed commitment to NAXOF, $100,000 is a very small amount of money to be angling for with the outrageous claims made by these two. I must examine and suspect thier roles and thier motives in the NAXOF affair. The clamour on this thread is tremendous and the longs are entitled to a say, so are shorts like HL. Questions should be addressed instead posters are attacked. The agendas of the principal earliest participants is the only thing on my mind. Need I remind you that we are relying on Mr. Letts imprimatur.

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