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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?


To: Henry Volquardsen who wrote (6529)12/6/1997 7:31:00 PM
From: sh  Read Replies (1) | Respond to of 20681
 
Henry,

Your responses to the beast's accusations/statements may indeed benefit those gullible enough to be concerned with his drivel. However, I have no doubt he doesn't benefit at all therefrom and really doesn't give a damn about the substance of your responses. I'm just wondering whether the benefit -- not letting his statements go unchallenged -- outweighs the harm -- his continued posting of misinformation and innuendoes (albeit, he may continue posting his trash even if nobody bothers responding to them). Sure, he makes a statement every now and then that I and others may find needs further investigation (extremely rare!), but I think you would agree that almost all of his stuff is transparent nonsense.

Just a thought to consider.

sh



To: Henry Volquardsen who wrote (6529)12/6/1997 9:37:00 PM
From: KRosenfeld  Respond to of 20681
 
<<It is their reputation.>>

Henry,
How can you use a line like that and expect him to understand it?
Ken



To: Henry Volquardsen who wrote (6529)12/7/1997 12:02:00 AM
From: HungryLion  Read Replies (2) | Respond to of 20681
 
It is not a question of Naxos sitting on the results. Ledoux has
not released the assay results to Naxos yet.


may 27 Naxos pr says,

The Company has received a Notice of Hearing from the Alberta
Securities Commission setting out three allegations. Firstly, the
Alberta Securities Commission has alleged that the Company had failed
to disclose information as to assay results in respect to its Franklin
Lake Property or has failed to correct false or misleading earlier
News Releases.
Secondly, that the Directors were late in filing
some of their Insider Reports in Alberta. Thirdly, that the Company
has failed to file certain material change reports. The Company
welcomes the Hearing and anticipates that it will be able to demonstrate all of its disclosures have been properly made.


How do you know Naxos doesn't have the results from Ledoux? This is how the sucker game is played,

a. release excellent assay numbers and promote the stock
b. hire a reputable third party (Behre Dolbear) to verify assays
c. naive investors believe that a scam operation would not try to reveal itself by hiring reputable third party so they buy the stock
d. stock goes up based on hype
e. Third party attempts to verify the results but cannot. They submit
a negative report to the company
f. Company never releases the information
g. Eventually the stock collapses. Sometimes they sue the third party
and claim they messed up somehow.

The mining company has achieved the goal of raising its share price.
This is what IPMCF did. The primary factor in fueling its share price
was 0.25OPT RECOVERY of gold. IPM has never released the results of Behre Dolbears audit on that recovery process. The stock has collapsed.

HL