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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Henry Volquardsen who wrote (14457)7/19/1998 9:53:00 AM
From: ShoppinTheNet  Read Replies (1) of 20681
 
"From what I understand the company did not sit on the release very long. From what I heard late friday, they received a written statement from Ledoux stating their continued believe in their numbers. On wednesday they received the stunning admission from Ledoux that there was a problem. The pr was thursday. FWIW I believe that is releasing the info in a timely fashion."

I find this information very interesting. You state that management got the notification on Wed. Wed is also when the stock started and new trip south with higher trading volume. What do you IYHO think caused the sell off before the press release?

"What makes you think I haven't? Why don't you call your boys and suggest the same? Oh I forgot, no one wants to waste time talking to you." As not to chance being the recipient of any Inside information I am content to not call my boys. I rely on the press releases thank you very much. To agree that no one wants to talk to me would be difficult, as I have not attempted to call them.

Thank you very much and I am glad to see you well and I wish the top of the morning to ya!
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