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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Tom Frederick who wrote (14301)	7/16/1998 11:00:00 AM
From: Henry Volquardsen	Read Replies (2) of 20681

Watch carefully, and look for truth not emotional blackmail. Very wise words indeed Tom. Thank you for the post. You make some excellent points. As you, I remain confident in Ledoux and in the science. As Mark says it is not science that will undo Naxos, it is politics. My version of that has always been that good ideas are a dime a dozen, it is execution that counts. The toughest part of this for a number of us is dealing with the friends and family who depended on our advice. The most troubling part of it is that it is clear there are some wild rumours circulating and people are panicking. I know one person who sold on the basis of a rumour I know to be false. He may, however, turn out to have been correct to sell. But there are certainly wild rumours out there. What I can't determine is whether these rumours are just speculation by people trying to figure out what is happening or a malicious attempt by some group to manipulate events to there own benefit. In either case it does not further the cause of the shareholders as a group. Henry

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