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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Henry Volquardsen who wrote (8531)	1/24/1998 5:05:00 PM
From: Larry Macklin	Read Replies (2) of 20681

HENRY thank you for your answer. It was well thought-out and i appreciate it very much. you listed scale-up as your number one risk.I understand that scale-up is the most important part of this process but it seems that most of the knowlegdeable people i have talked think that scale-up wont be any problem at all.Do you agree with that?what would you say the odds of successful scale-up are?also, how should the company go about solving its management problems? thank you larry

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