I added juts one word now, past my lines here below- here is an example od the ROLLING NEWS at CSW -canada stockwatch yesterday where I pulled it and guess what, it is NOT under q.Naxof; today, THEY PULLED IT OUT:
Stockwatch bulletins last 5 hours
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Time
Sym
Company
Type
Headline
10:11
TLQ
Consolidated Trillion
Resources Ltd
News
Release
Nickelodeon and Cons Trillion positive results
from Zimbabwe
10:11
NKM
Nickelodeon
Minerals Inc
News
Release
Nickelodeon and Cons Trillion positive results
from Zimbabwe
10:02
EEG
Energas Resources
Inc
News
Release
Energas's John Wells No. 1-28 well reaches
total depth
10:00
TOC
Thomson
Corporation (The)
News
Release
Thomson Bank Watch now includes public
ratings
09:57
NSD.A
NorthStar Drilling
Systems Inc
News
Release
NorthStar Drilling appoints Jay Levy to board of
directors
09:56
JSS
JSS Resources Inc
News
Release
JSS appoints Theo Sanidas as president
09:55
DTN
Dalmatian Resources
Ltd
News
Release
Brier and Dalmatian's joint venture drilling results
from Red Hill
09:55
BE
Brier Resources Corp
News
Release
Brier and Dalmatian's joint venture drilling results
from Red Hill
09:53
ELE
Electric Mail
Company, The
News
Release
Electric Mail launches E-mail virus scanning
service
09:48
WT
Westfort Energy Ltd
News
Release
Westfort elects board
09:46
CUT
CompuSoft Canada
Inc
News
Release
CompuSoft hires sales and marketing
employees
09:43
IE
Ivanhoe Energy Inc
News
Release
Ivanhoe completes merger; board appointments
09:41
IWAV
iWave.com Inc
News
Release
iWave.com marketing program produces results
09:41
FID.PR.A
Desjardins Trust
Dividend
Declared
Desjardins Trust pays quarterly dividend
09:38
REG
Regional
Cablesystems Inc
News
Release
Regional Cablesystems acquires Quebec cable
company
09:36
WIM
William Resources
Inc
In the News
Globe says Williams Resources' mine in
receivership
09:35
TLM
Talisman Energy Inc
News
Release
Talisman oil flows in Sudan
09:33
AFC
Consolidated African
Mining Corp
News
Release
Consolidated African signs one-year extension
on Collision property
09:29
TWE
TD Waterhouse
Group Inc
News
Release
TD Waterhouse launches global investor
services
09:24
HRW.A
Harrowston Inc
News
Release
Harrowston to make new normal course issuer
bid
09:19
TMA
Trimac Corp
News
Release
Trimac acquires 80 per cent ownership of
Amer-Liquid Transport
09:19
LMS
Assante Corp
News
Release
Assante acquires NKS Management Inc.
09:17
WWE
Westward
Explorations Ltd
News
Release
Westward options Los Caballos claims to
Tenke
09:16
BGT
BIT Integration
Technology Inc
News
Release
BIT Integration former president commences
proceedings
09:14
BCP
Bell Coast Capital
Corp
News
Release
Bell Coast agrees to purchase
Worlddoctors.com
09:09
ACH
Alert Care Corp
Resume
Trading
Alert Care resuming at 10:45 a.m., MT
09:08
LSK
Lasik Vision Corp
News
Release
Lasik Vision second-quarter results
09:08
URB
Urbana Corporation
News
Release
Urbana phase II exploration program under
way
08:59
ECP
Eclipse Capital
Corporation
News
Release
Alert and Eclipse terminate agreement with CPL
08:59
ACH
Alert Care Corp
News
Release
Alert and Eclipse terminate agreement with CPL
08:54
DDS
Labopharm Inc
News
Release
Labopharm completes phase I, 18-subject single
dose study
08:43
CN.B
Call-Net Enterprises
Inc
News
Release
Call-Net's Sprint Canada launches It's Easy
Unlimited In-Province calling plan
08:39
RMX
Rubicon Minerals
Corp
News
Release
Rubicon mobilizes for Palmer drilling in Alaska
08:36
GNHM
Golden Hope Mines
Ltd
News
Release
Golden Hope Mines completes private
placement
08:34
BBS
Black Bull Resources
Inc
News
Release
Black Bull begins second phase drilling at
Flintstone Rock property
08:33
NWI
Nuinsco Resources
Limited
News
Release
Nuinsco and Freewest enter into Lac Rocher
option agreement
08:21
ACH
Alert Care Corp
Halt Trading
Alert Care halted at 9:03 a.m., MT
08:19
TKI
Contiki Resources
Ltd
News
Release
Contiki acquires GoldenGoals.com
08:13
FM
First Quantum
Minerals Ltd
News
Release
First Quantum second quarter production
results
08:06
SPZ
Spar Aerospace Ltd
Resume
Trading
Spar resuming at 11:15 a.m., ET
07:58
GBG
Great Basin Gold Ltd
News
Release
Great Basin acquires subsidiary of Cornucopia
07:54
UAE
United America
Enterprises Ltd
News
Release
United America acquires FlashlinkIT
07:53
GBG
Great Basin Gold Ltd
News
Release
Great Basin completes Ivanhoe project
acquisition
07:51
MAN
Manhattan Minerals
Corp
Resume
Trading
Manhattan resuming at 10:45 a.m., ET
07:48
ATI
Altai Resources Inc
News
Release
Altai Resources subsidiary to start drilling at
Rodeo property
07:42
IVI
IVI Checkmate Ltd
News
Release
IVI Checkmate receives order from the Wiz
07:42
IVC
IVI Checkmate Corp
News
Release
IVI Checkmate receives order from the Wiz
07:41
TBT
Timbuktu Gold Corp
In the News
Post says ASE happy to keep securities violator
on board
07:41
ASE
Alberta Stock
Exchange
In the News
Post says ASE happy to keep securities violator
on board
07:35
IAC
Amisco Industries
Limited
News
Release
Amisco six-month results
07:33
GCD
Great Canadian
Gaming Corp
In the News
Van Sun says Great Canadian to lobby Surrey
voters
07:32
UTC.C
Utility Corp
New
MY NAME BELOW is only thing added BELOW , all WAS at CSW:
Naxos quarterly results
Naxos Resources Ltd NAXOF
Shares issued 31,678,737 1899-12-30 close $0
Monday Jul 5 1999
An anonymous director reviews the company
During the quarter ended April 30, the company continued its focus on the Franklin Lake project. In order to conserve funds, it has turned over the optimization of the pilot plant at Franklin Lake to the large chemical company that provides the bromine used in the process. By utilizing their expertise, at no cost to Naxos, it saves funds by not using chemicals, power and labour in a trial and error optimization process. Results expected from the chemical company have not arrived in time for this report.
Also, a 1982 U.S. Geological Survey study of Franklin Lake says that the playa appears to contain significant amounts of lithium. Naxos has verified this existence at two laboratories and is diligently pursuing avenues to best exploit this potential resource.
The company continues to seek ways to reduce its operating costs to conserve cash. During the first six months of fiscal 1999, cash used in operating activities was reduced by more than 50 per cent ($2,432,131 to $1,076,608) compared to the same period in fiscal 1998.
During the first six months of fiscal 1999, options for 230,593 shares were exercised resulting in proceeds of $184,474.
At the annual general meeting, the following directors were elected: Martin Blake, Lloyd Brewer, Lawrence Brierly, Stanley Combs, Bruce Downing, Daphne Elworthy, Gerard Gallissant and Jim Sahlin. Four of the directors were management's nominees while four came from the dissident shareholders list of nominees. At the meeting, Father Gregor Ofiesh withdrew his name from the list of nominees. After the meeting, the board met and elected Paul Del Guidice to the board. However, Dr. Del Guidice has subsequently resigned as has Mr. Blake, who found the board function was diverting too much of his time from research and exploration activities at Franklin Lake.
Despite obtaining four of the eight seats on the board and withdrawing his own nomination, Father Ofiesh is suing to overturn the election. In addition to the normal costs of an annual general meeting the company has been forced to spend an excessive amount of money defending against such legal actions taken by Father Ofiesh. We are hoping to work together to resolve this situation and to come to an agreement that will benefit Naxos Resources Ltd. and its shareholders as a whole.
We look forward to moving ahead in the third quarter in our efforts to realize the full potential of Franklin Lake.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
Chucka-
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