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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: mark silvers who wrote (10015)	3/14/1998 3:49:00 AM
From: Scott Corey	Read Replies (1) of 20681

Mark: Why should we believe that the departure of Jimmy John was the product of any "search for experience" and not the result of a coup? I cannot accept that his resignation was submitted based on any altruistic motive on his part, i.e. voluntarily stepping aside for the good of the company. I have watched Jimmy John fumble the ball repeatedly over the years as my share value has been diluted time and time again. Only Jimmy and the insiders have managed to keep the value of their positions over the years by increasing their holdings as more shares have been issued. I'm glad he is gone and I see this as a great opportunity for Naxos.

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