Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bear Down who wrote (17506)	1/23/1999 2:56:00 PM
From: Neal davidson	Read Replies (1) \| Respond to of 20681

O.K., old friend. Disclose your identity. If you chose not to disclose your true identity, then tell us the alias you used when the stock was trading at $10.

To: Bear Down who wrote (17506)	1/24/1999 3:05:00 PM
From: RRG	Respond to of 20681

Bear Down: You said " And you must admit, they have sold that story many times in the past. Go back a few years, before the huge runup and read the pr; same story, different date. Good day " Fact or fiction--either way, you would not be too unhappy with a run-up to $10.00 again. BobG

To: Bear Down who wrote (17506)	1/24/1999 5:09:00 PM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 20681

Bear Down, If I in anyway contributed to talking you out of shorting Naxos when it was at $10 I would like to apologize. All I can say is that I was acting in good faith. I believe Mark, Jerard, Neal, Larry, Kim, JLA, SK and many others were also acting in good faith. But I can only speak for myself. I based much of my opinion on the fact that we were getting certified results from Ledoux. In retrospect that was a huge mistake. I was shocked when Ledoux repudiated its numbers. But to blame it entirely on Ledoux would be to easy. There was a lot of evidence, mostly circumstantial but evidence nonetheless, that there might be some legitimate questions about the Johnson/Lett process and some of the people associated with it. I allowed my faith in Ledoux and my greed to blind me to these warnings despite a number of people pointing them out. It was a painful lesson to learn. Henry