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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Kurt R. who wrote (8328)1/20/1998 3:43:00 PM
From: Jerry in Omaha  Read Replies (1) of 20681
 
Kurt;

I still have the souvenirs from Angel Camp; your posting brought back
memories..." the 150th Anniversary of the first major gold strike in
North America. It occurred at Sutter's Mill, near the Sacramento River
in California, in 1848." Remember the art gallery? I just loved that
part of the country.

There is more to the story, however, besides the tens of thousands who
sought their fortune, there's the story of Sutter himself.

When gold was discovered on Sutter's land it was the ruination of him.
I have heard it stated that more lives will be ruined by the success of
Naxos than would be ruined by it's failure. As terrible as that must sound
right now, John Agustus Sutter is a tragic testament to the potential
truth of the foregoing. His property was over run by greedy mobs and by
1852 he was bankrupt. He spent the rest of his life trying in vain to
re-gain all that was stolen from him. Not the courts, not the congress,
not all his efforts restored to him his rightful property.

Just something to think about.

Jerard P
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