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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Kim W. Brasington who wrote (4439)10/10/1997 12:23:00 AM
From: Jan A. Van Hummel   of 20681
 
Hi Kim,

Thanks for the news. I was kind of expecting simultaneous announcements
on the Johnson deal and the COC results.

I think the agreement shows the prudent attitude of management, allowing
sufficient time and room to ensure that the new methodology does fit the
Franklin field as a glove.

We should see a little perk up in the price the next few days, but the real
move can only be expected with the report of good COC results. Hopefully,
this won't be too much longer. Maybe 2 more weeks?! (-g-)

Jan A. Van Hummel
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