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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Tom Frederick who wrote (16389)	9/29/1998 10:51:00 PM
From: BGM	Read Replies (3) of 20681

Tom: You suggest doing DD on the Venezuela question, yet you have a private answer already. When the annual report came out that type of DD and private answer said that the revenues had been rolled into the expenses and the operation was at break even. I believe Henry posted this also. How can you expect anyone to believe DD provided by calling the company on the side with such remarkable about faces? The problem with all of these "developments" is a series of partial or non existent explanations. But we should not be concerned. On to Mexican copper. Trust us. Brad Mertz

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