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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Carlo who wrote (17216)12/12/1998 2:17:00 PM
From: Larry Macklin   of 20681
 
carlo,

I think most of us have ideas about the recent ups and downs of the stock price and who might be behind it.However, I am not sure it really matters too much. All that matters right now is giving the current management team a chance to fully explore the first process that has ever given promising RECOVERY numbers. I could speculate as to who might want to drive the price down and why they might want to do it but whats the point. I will, however, state again that it is in the best interests of the shareholders for mgmt to pursue the companys current course. Just try to keep in mind who would benefit from a J/L deal and that will answer a lot of your questions!

Larry MAcklin
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