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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Anne Lamb who wrote (6822)	12/10/1997 8:55:00 AM
From: Kim W. Brasington	Read Replies (1) of 20681

Anne: Liontamer does not speak for the company. Checking and re-checking of results is science. What does not necessarily follow is that running test checks implies salting. We have had rumors of salting dating back for years now, and yet we have advanced in our understanding of the technology and none of those claims have held up. Chain of custody is for the purpose of putting to rest such claims of tampering. Tampering indicates that insiders will seek an advantage at shareholders expense - insiders at Naxos CANNOT trade due to the trading blackout. The mining industry can be cut-throat and rumors are a source of concern for any company that is trying to present irrefutable evidence to their claims. Unfounded rumors and unsubstantiated claims from whatever the source do all shareholders a great disservice. Regards, Kim W.

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