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

To: Ron who wrote (18777)	4/27/1999 7:32:00 PM
From: Henry Volquardsen	Read Replies (1) \| Respond to of 20681

I do believe you all are at least open to the possibility that the MG process (i.e.J/L) may indeed work. I would agree with that. All of us got into this because we accepted the idea that there may be a technological solution to unlocking 'microfine' deposits. Despite the impression some of my previous posts may have given some I actually hope MGAU prospers and I believe most of us wish you guys well. But being 'open to the possibility' and hoping you prosper is different from being willing to make the same bet (investment). I have no reason to doubt the good intentions of Al Johnson or the Amundsons. My own concerns relate to the business side of J/L. There has been extensive discussion on this board about what some of believe was a pattern of deceptions, lies and half-truths. I won't go into details unless you request. But the result is that a number of us on this thread do not trust the people on the business side of J/L and suspect that MGAU may have jumped to quickly. Could we be wrong? Yes. But I for one am not willing to trust J/L sufficiently to invest in them without extensive third party verification. Does that mean I may miss out on a potentially lucrative deal? Yes but I'll take that risk. Fwiw calling the CEO accomplishes little in my opinion. Of course he believes in the actions he has taken. It would be naive to expect otherwise. There were plenty of Naxos people who fervently believed Ledoux. Look what good it did them and us. What I want to see is independent third party confirmation. This is what told the tale in Naxos and is the proof needed, imo, for MGAU. Best of luck with MGAU. I hope you don't need it. Henry