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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Henry Volquardsen who wrote (14629)7/22/1998 5:26:00 PM
From: mfgrep  Read Replies (2) of 20681
 
Mr. Silvers--

Please don't misunderstand. I don't think that Ledoux has anything to do with my theory. I rather believe that Naxos "management" or "insiders" are manipulating information in order to lower the stock value (to buy levels) and then raise them again (to sell levels).

Perhaps for personal gain or perhaps to raise the much needed funds to continue on the wild gold hunt...I don't know or care which.

Ledoux (in my opinion) would never risk their reputation on a company such as Naxos. I would choose to believe that the other assay labs such as Rocky Mountain or Arthur what's his name. These smaller less well known labs are more likely to fall for trickery or bribery (knowingly or unknowingly).

I hate the idea of conspiracy theories myself and think them mostly quackery. In this case, however, it is too easy a scenario.

I think that there are enough intelligent people on this thread that if we really wanted to we could start a publicly traded company (in some country other than U.S.) and raise quantities of $$$ based upon our salesmanship, marketing ability, word of mouth, innuendo etc. Those that come in near the top of the pyramid make out like bandits...those that come in near the bottom of the pyramid (at $10.00 per share) lose their respective buttocks!!

Take it only for what it is....opinion.

Regards,

J
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