SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Naxos Resources (NAXOF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mark silvers who wrote (15299)8/6/1998 4:39:00 PM
From: Neal davidson  Read Replies (1) of 20681
 
John: better clean that floor...by the way, i agree with you more than you know...I just don't feel the need to put my two cents in on every issue. To summarize on the major issues, (1) I disagree that Sid is to blame for Ledoux's original capitulation. (2) I do not know enough about what Sid is doing now with regard to Ledoux to assign blame, but if he is doing little or nothing (and essentially taking a "wait and see" approach), then I do not approve of that. (3) If Ledoux refuses to stand behind its certified results, then I absolutely think litigation is called for by Naxos (and individual shareholders, assuming we can bring a claim (which I doubt)). I bought additional shares in reliance on their certified results. I know a lot of other shareholders did too. (4) I do not agree that we could have hired a top-notch CEO based on the information we had from Ledoux (before the capitulation). In fact, you were telling me, in private messages, that we needed verification, even when I was saying that Ledoux's reputation was enough to rely on. Was I wrong on that issue? I guess so. But if you were right, and we did need verification from other labs before we had "proof," then it follows, therefore, that a legitimate CEO candidate also would have wanted to see verification ("proof") from other labs before coming on board.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext