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


To: Henry Volquardsen who wrote (14097)7/8/1998 9:42:00 PM
From: soxan  Respond to of 20681
 
To All
Hey, did anyone know there is now a blackout on insider trading of Naxos? No buying or selling allowed for now. Very interesting. I still think we are in the lull before the storm, don't we all?
soxan



To: Henry Volquardsen who wrote (14097)7/8/1998 10:23:00 PM
From: ShoppinTheNet  Read Replies (1) | Respond to of 20681
 
Now that I agreed to ask the hard questions of camp two! Lets explore some camp one questions.

On July 2, 1998, Kim B. posted that assay work at Ledoux and the check labs was "ongoing". We have also heard the drilling was ahead of schedule. We have no additional results as of today (last release June 11). Today Saxon posted that he heard there was a problem with verification by the check labs. How did he hear this? Also, how long does it take to do an SFA? We should have seen new results by now. Mazarella, Thall do you know?

Henry regarding the bs rumors and false leaks which ones are you talking about? Is it the old Matt Walters ones or the newer ones about receiving a steady stream of results, check labs, a search committee that was created to find all pro directors, a lawyer who was supposed to be an interim President, stories of check labs not being able to verify results, etc. etc.

Regarding the institutions that supposedly support CPM and their management who don't want their names released. Isn't this the information worse than useless and must it not be totally discounted? Or considered hype? Was it ethical for CPM to discuss the Naxos story with stockholders in the middle of doing their DD on Naxos? Would it be ethical to accept payment from both Naxos and these investors?

Are Matt Walters and Austin Lett's ethics not irrelevant to this discussion now that they have left the picture and don't hold any position in the company? Did I mislead you into thinking I advocated bringing them back?

How did Saxon find out about a trading halt for insiders? Who is effected by it? Why and when was it imposed? Who leaked this information to the press? Why did Kim not announce it on the thread or in a PR?