SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Naxos Resources (NAXOF)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerry in Omaha who wrote (8921)2/7/1998 11:55:00 AM
From: Kurt R.  Read Replies (2) of 20681
 
Jerard:
It is not my intention "shout Jimmy out of his slot as the head of this company". I do intend, however, to share my opinion with other share holders on how I see Naxos management in its current configuration. Quite frankly, I do not trust this man (JJ) to make good decisions for the company. If his track record is any indication of his future performance, things don't look good. It is true that Jimmy John has brought the company to where she stands now, that is just plain trivial. But: Where would Naxos be today if the company did not adhere to its pattern of management by trial and error?

I would strongly recommend that shareholders put this issue on the agenda of the upcoming AGM. After all, Naxos is a publicly traded company and by law the share holders ultimately decide whom they trust to head the company and represent their interests. Whatever the result of such a vote, this discussion would be over if this matter would be addressed proactively. If in turn JJ attempts to secure his "slot" by other means, he will continue to do damage to the company. Allowing persevering but incompetent people cling to their chair has never helped progress.

You also wrote: >> Someone else tried to do something similar recently and it turned out pretty badly for that party. Boy, and how.<<

Jerard, I should tell you that I am not afraid of expressing my view even if it is unpopular with Naxos management or other some other people. I believe I know who you are talking about. Let me quote you in this context: Has the fat lady sung yet?

I am looking forward to continuing our discussion.

Kurt
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News