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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Tim Hill who wrote (12495)	5/1/1998 10:07:00 AM
From: Tom Frederick	Read Replies (2) of 20681

Mr. Hill, I am truly confused. In your poetic contribution you wax the following... Everybody knows... The J/L deal is rotten...Well what we do know is that J/L was not consistent enough to be useful at this point. But beyond that we have not detail The ship is leaking...It seems that the ship is catching a nice wind now with the steadily improving situation. Finally electronic trading, management change, expanded drill program started, SFA testing for the first time ever, etc. etc.. The investigation is near...The ASE has had several years to investigate. What have they found? FL really does have the gold. There will be a meeting with the ASE next week I believe. We will have our answer then. But certainly if there was an investigation it has not lead anywhere new to date. You also state "after we have been poisened by Noxious Fumes fairy Tales" In the last year, can you please outline any comments by Naxos IR or management that was patently false or misleading? Have they been wrong with timetables? Yes, but your prose seems to imply deliberate nefarious propoganda. In addition you state "I can get any results you like, what is it worth to you?" Well you just stepped on the 100 plus year reputation of Ledoux. Do you think it would be a worthwhile effort on the part of Ledoux to "fix" results for a going nowhere company that you outline in your literary contribution? And finally, you cap it off with "this pathetic little circus". Please explain. Do you mean US here at the thread? Or do you mean Naxos corporate? Both? With all of the above, they are consistantly opinion and assumption. But clearly you have a strongly negative opinion of Naxos and the current situation based on the exerpts I have posted. Now, this is where I am confused. Why are you here? Please explain so I will not assume what is your motivation. I want to understand better your purpose for being involved with a "pathetic little circus". Thank you in advance. Tom F.

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