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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: ShoppinTheNet who wrote (11932)	4/17/1998 12:10:00 PM
From: Jerry in Omaha	Read Replies (1) of 20681

Mr. 2, <<Could you spell out for me what it means in your eye that Naxos is being cocooned? Are you saying no information will be coming out totally for 3 months and if so why?>> I fully expect continued news being released regarding the operational activities of Naxos, including a steady stream of numbers resulting from a fully scheduled and coordinated drilling and testing program. No one that I have talked with has any problems with actual nuts and bolts of what we're doing to prove 'er up. I do not expect significant news regarding the changes in management and company objectives to be released. It is possible that issues of both agreement and contention will still be in need of further negotiating all the way up to the AGM. It is my fervent hope that by then, the middle of summer, all significant issues will have been resolved and full attention can be devoted toward the roll out of a successfully transformed company run by professionals. Jerard P

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