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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Tom Frederick who wrote (8709)1/29/1998 12:38:00 PM
From: GlobalMarine   of 20681
 
Tom: I'm not implying that DD managements are cavalier towards the outcome; I'm sure they all strive for success. All I'm saying is that they will take whatever time is necessary to accomplish milestones and accordingly they don't deadline themselves.They aren't under contractual obligation to make and meet deadlines. If they produce a bankable feasibility study and wish to go into production, then it's a different story.

The only people right now who'd really like DD milestone deadlines set and met are shareholders...we want results yesterday! :o)

Rand
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