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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: sh who wrote (16745)	10/21/1998 9:33:00 AM
From: Henry Volquardsen	Read Replies (2) of 20681

I did not imply Dr Johnson is a fraud. I believe he is honest and really believes in his process. I also believe he may be right. However he does not manage the financial dealings of the Johnson/Lett process. I have serious questions, however, about the dealings of the people he is associated with. Your comment don't you think it is odd that Kemp did not uncover and reveal this already. How can you say that with a straight face? What the hell do you think was going on this year? Why do you think the company did not go through with acquiring the Johnson/Lett process and handing over a third of the company? It was because Kemp and company mangement realized they were being sold something that, to be charitable, was still a work in progress. And for this they got castigated by the majority of shareholders for being 'unfair' to Johnson/Lett. I remember your voice in the throng. I have no problem with you having had that view at that time but how can you now ask why Sid did not uncver this? What stock have you been watching? Henry

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