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

To: Tom Frederick who wrote (15030)	7/30/1998 8:51:00 AM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 20681

Tom, unfortunately I think it keeps the pressure on Ledoux. The other labs are reputable and until they can get confirmation of their numbers from one of them the question remains open. jmo. This is not an issue, in my mind, of conspiracy or tampering. It is an issue of assaying being part art and part science. Ledoux needs to be able to get someone to replicate their process or it will leave a big question. Henry

To: Tom Frederick who wrote (15030)	7/30/1998 9:06:00 AM
From: MIKE MORGAN	Read Replies (2) \| Respond to of 20681

Tom ,,,You state that the Ledoux results are being challenged by the check labs. I don't see it that way. From what we have been told , Ledoux has made an error in their 1998 numbers (period). No one has yet officially cast ant type of shadow on the other labs. This is very uncharacteristic from the usual excuses. Capt Mike Morgan