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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Dick Hoaxland who wrote (9998)	3/13/1998 5:27:00 PM
From: Henry Volquardsen	Read Replies (2) of 20681

Dick, Please don't take this the wrong way but these questions about the chain of custody are making a mountain of a mole hill. When you buy salami the deliman doesn't tell you how he slaughtered the animal and ground it up and stuffed in the casing. He just tells you 'this is salami'. The same thing with this chain of custody issue. They don't have to go through the details of how they performed the custody they just have to say it is chain of custody. B-D sees the report and approves the wording before it goes out. If they had any question about the validity of the custody they would object to the statement. As would Ledoux, CMR etc. To go into the precise details would make these reports extremely cumbersome. I have no questions about chain of custody and i believe the reports have been clear. Henry

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