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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: knight who wrote (7793)1/4/1998 1:28:00 AM
From: mark silvers  Read Replies (1) of 20681
 
Knight,
Regarding the costs, I believe Dr. Johnson , at the roadshow, etimated costs of from anywhere between $100-$200/ton. It was my impression that this estimated cost figure was the total sum. However, I could be wrong. It would be interesting to get someone else's opinion who was there. Larry, Chris Inglis, did you guys get the same impression?

Regarding Baines and his "reporting". I think the thing that bothered most of us was his one-sided outlook and casual disregard for the facts. He consistently omitted pertinent postive information that gave a slant to his "story" that was at best, biased. Since there is no hard evidential proof that he did or conspired to do anything illegal, I guess that the best one could say is that his reporting was biased, untrue, and coincidentally unfortunate timing for naxos.
Since we seem to have wheathered that storm airly well, I would agree that it is perhaps best to put that chapter of naxos' history behind us.

mark
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