Naxos Resources (NAXOF) Message Board

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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Larry Macklin who wrote (16461)	10/2/1998 6:55:00 AM
From: Max Haber	Read Replies (2) of 20681

Larry- with this deal everyone loses. Without a retraction immediately no bank on planet earth would lend Naxos for any other projects because of all the new impending lawsuits. Class action lawsuits are very costly. And they will be coming. After the current management delay for several months of the Johnson/Lett process, putting the pilot plant on moth balls. Naxos finally got some new directors that patched up the relationship TWO WEEKS AGO---the ore for chain of custody assays only landed in the labs one or two weeks ago. Assays only take a few days to complete and a few days to double check. They could have been released any day. The timing of this release is suspect at best. Assays from one or more labs and a retraction are the only things that will keep the stock alive. Max

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