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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Kim W. Brasington who wrote (19537)	7/24/1999 12:15:00 AM
From: Richard Mazzarella	Read Replies (3) of 20681

What a bunch of horseshit! Blame everyone else. It would have done a lot for credibility to have reported to shareholders on progress at the pilot plant as promised in previous releases. Everyone's to blame here for this mess and lack of confidence. Now we have further promises and Jimmy John style hype: <<due diligence process at Franklin Lake and was very encouraged with the potential of the area.>> <<create profitability and thus improve shareholder value>> << acted upon several of the ideas arising from this business plan with positive results>> <<major firm regarding an initial exploration program for lithium at Franklin Lake>> <<initial testing has shown high levels of lithium>> <<prospecting of the Franklin Lake area for lode gold has provided us with some encouraging results>> <<second process is now being tested by another company, at no expense to us. Preliminary results have been very promising>> Maybe Naxos should open a freak show to derive income? Include that option in the business plan.

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