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


To: Henry Volquardsen who wrote (16752)10/21/1998 9:42:00 AM
From: BGM  Read Replies (1) | Respond to of 20681
 
Henry:
I have always respected your posts as direct and well thought out. I am unclear as to where you stand / stood on the proposal to sell FL interests to finance CPM and other ventures. Would you have invested in the CPM ventures if they were a stand alone company with all other things the same? Do you feel is is proper to hold the expectations of an already invested (smart or not) group to the fire to pay for a new direction, or do you feel that interest should be financed on its own? Do you think there are no existing investors willing to put more money into FL and its research if this money is properly and efficiently directed? TIA
Brad Mertz



To: Henry Volquardsen who wrote (16752)10/21/1998 12:26:00 PM
From: sh  Read Replies (1) | Respond to of 20681
 
Your memory is flawed. I was critical of the proposal at the outset. If my memory serves me right, you were the one who proclaimed that the main reason for your investment in Naxos was the potential new technology. And while the proposal had some defects, it definitely was not fraudulent. What fraud on the part of Johnson/Lett has Kemp uncovered?