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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Neal davidson who wrote (18404)	4/5/1999 12:48:00 PM
From: Alan Vennix	Read Replies (1) of 20681

<<Karl was posting, since last week, that news was forthcoming on MGAU. That means that he illegally was in possession of insider info. >> MGAU announced in early March that they expected to close on J/L by March 31. I think many expected a PR to that regard and it doesn't imply inside information. With no info from the company, I know that I expected an announcement, including results from the 1 ton test. Happenned that the results were in a separate PR for some reason, but, again, I think you are stretching it to imply inside info because a PR was expected. JMO. BTW, I don't consider MGAU a fraud, and I hope NAXOF isn't either. Alan

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