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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Paul Salber who wrote (18739)	4/26/1999 11:14:00 PM
From: Larry Macklin	of 20681

Paul, By the way......I just re-read the concerned shareholders mission statement. It talks a lot about raising money(which is good) but it doesn't say anything about what they plan on doing to get metals out of Franklin lake, You seem to be tight with those guys. Do you know what methods they plan on using to get metals out of Franklin Lake? Do you know what problems they have with the current managements pilot plant? It was my understanding that the pilot plant could possibly have some merit---do you know why the concerned shareholders feel it wont work? Larry

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