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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (19372)6/28/1999 10:24:00 PM
From: Paul Salber  Read Replies (1) of 20681
 
Mark,

Boy, this is a far cry from the discussions we had a couple of years
back... huh ?

Well, I believe we have been civil to each other and there is no
reason to discontinue at this point. Unlike yourself, I don't feel that the
current management, or the current route are the right ones.

Bob has been a player in this company for some time and my guess is
that he is just a patsy for the same clowns who have really been
running the company for the past year or so. I'm sure there is a plan,
but with the plethora of nothing we've seen coming from this team,
I don't believe anything is working. The bored has been silent and
even before Fr G. came along, nothing of worth had been coming
from them. (remember the press release to announce the compensation committee/board ?) had been formed... that's what I
call important stuff. What of substance has really happened since
Bob has been in power ?

Mark, I disagree with your feeling that Bob knows what he wants to do. I'll state my opinion again, I beleive the main source of information most people receive regarding this company comes from the PR folks.
As a PR person, I, too would paint a rosey picture and preach (pardon
the choice of words) distain for the Father. According to my understanding of the last AGM, Father Gregory had more than
enough votes to oust current management, but they negated the
ballots for some half baked reason. If I understand and read this
correctly, many, many shareholders also want to get rid of these
guys and I am among them.

As for Fr's connection with KJimmy John, well, my feelings on this are
that he was probably mane the outcast and scapegoat for all that went on. Just my opinion, but I'd bet that Nixon and, yes, even the
slime bag currently in office are not really any different from many
other's in the same position, just unfortunate enough to get caught.

Mark, I still respect your opinion, but I really hope Father Gregory
gets in because I believe that is the only way we have to save
any of our "investment".

Paul
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