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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: who wrote ()3/11/1998 8:00:00 PM
From: kenneth w. calligar  Read Replies (1) of 20681
 
Shadow: If JJ and MW were removed by the board, i will offer my congratulations to us all. I do not wish them ill, but this company needs professional, experienced mining management. Naxos, armed with a series of standard fire assays of greater than one-tenth opt is an extraordinary property of enormous value. In order to protect the shareholders and fully realize that value, we need strong, credible, deep management. Ever notice that a company that gets new/better management trades up immediately? IMO the assay results you imply are more realistic and more credible than past results from "hot spots". Finally, noboby has played with the numbers. Ledoux has earned their reputation through decades of work done precisely,thoroughly, and carefully- the same way they have approached the Naxos ore.
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