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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: ShoppinTheNet who wrote (14904)	7/28/1998 5:18:00 PM
From: mark silvers	Read Replies (3) of 20681

Sk <<"I dont think they will release anything until they have a complete picture of what is going on." Help im not a lawyer but I think time is on Ledouxs side and a lewyer could tell them to shut up till the Naxos burn rate ends and leaves no one to sue.>> I dont think they could stall for a year. Also, that assumes that Naxos wont ever raise another penny, or slash their burn rate from current levels. There is way too many unknown variables there for any competent lawyer to suggest that. Besides, there would still be shareholders left to sue them. Mark

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