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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Kim W. Brasington who wrote (10817)	3/22/1998 11:43:00 PM
From: jlallen	Read Replies (1) of 20681

What exactly are the charges? My read was that it was not science but trading and disclosure along with disclaimers on forward looking statements which were the issues. The lawyers I talked to all seemed to think that the Canadian rules are so practically impossible to comply it gives the exchange a chance to "pick nits" whenever it wishes. I'm glad to hear they have retained multiple legal advisors. This issue has been allowed to languish too long. JLA

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