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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Henry Volquardsen who wrote (8531)	1/24/1998 4:54:00 PM
From: Jim	Read Replies (1) of 20681

Henry, A few posts back you mentioned that you had disscussed the then recent news release about the certified 1.72 gold numbers from Ledoux with several people you knew in the precious metals arena. You also stated that they were going to perform their own due diligence on Naxos. I was just wondering if those individuals you mentioned bought any shares yet. Or, if they haven't...why ? I would be very interested to hear what their conclusion was on Naxos...good or bad. Also, it was mentioned to me by IR that some representative(s) from Naxos were to meet with 2 large institutional investors and possibly 5 mining industry analysts. Do you (or anyone else ?) have any idea who the players were that attended these meetings ? And if so, what was discussed and what were some of their reactions ? Just curious... Thanks, Jim

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