Naxos Resources (NAXOF) Message Board

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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: jlallen who wrote (9438)	3/6/1998 10:22:00 AM
From: Carlo	Read Replies (4) of 20681

Professionalism does not appear to exist at Naxos, at least with regards to the share holders. The long delays without credible explanation is borderline on integrity. And you wonder why we are not electronically traded? Why the silence?? Let me speculate Perhaps there is a power struggle going on in the background that we do not know about. The extra 10 million voting shares that Jimmy may receive has some of the other power brokers still upset. Many probably prefer a more standard approach of paying Johnson with a running royalty for performance instead of the gigantic 10 million shares payment that has many hot and bothered. Maybe the SEC is investigating Matt for his "dad's" well time investment. Laboratory work is anything but consistent, and Naxos is afraid to release anything but pristine numbers. Its all a well thought out Hoax, and Naxos is running out of rabbits to pull out of the hat. Naxos has major financing discussions going on and does not wish to release the data until the new investor(s) get in before the stock appreciation. How much of our money is being wasted? Please Naxos, tell us what is really going on. Your silence is disrespectful and insulting.

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