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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: jlallen who wrote (15562)	8/13/1998 10:51:00 PM
From: Henry Volquardsen	Read Replies (1) of 20681

John I am not denying that there have been times where it appears there were leaks, I just think this was not. If you want one where I think it was go back to the original Ledoux retreat from the numbers. Naxos received that letter on a Wednesday. The stock was trading above 2. That afternoon the stock was suddenly pounded down to 1 9/16. The next morning I heard from someone I trust very much that someone else was going to sell all the Naxos he had because he heard Ledoux was going to change their numbers. The stock got pounded again and the release came after the close. Now I don't have specific knowledge of who was leaking this information but given other things I have heard from this source at the time I was hearing elsewhere I have strong suspicions. My suspicions are towards one of two individuals and Sid is not one of them. Again JMO. Oh btw I see you like my Greek chorus reference ;)

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