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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Henry Volquardsen who wrote (18842)4/29/1999 9:53:00 AM
From: Tom Frederick  Read Replies (1) of 20681
 
Henry, And we have our first example of the integrity we can expect from the new board members. Yesterdays trading ran the price up from buying assuming something was going to happen to benefit the buyer(s) and the stock price. So the buying was very likely from those with inside information that a deal was being cut. And the beneficiaries were those supporting Father Gregory. So our first action by the new nominees was to "leak" the deal to allow for inside trading BEFORE the release was announced. Yes, integrity is a fine thing.

Tom F.
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