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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Kurt R. who wrote (13562)6/15/1998 12:59:00 PM
From: RRG  Read Replies (3) of 20681
 
TO ALL

I would hope that a transformed Board together with experienced management will help to convince the investing public that Naxos is not just the "play-pen" of the insiders. Insiders who appear to be more concerned about and interested in their own well-being, like reducing an option price to $3.00 from $5.76!

There is no way that this company is going to attract the investing public without the absolute assurance that Naxos 's leadership has a level of ethics that says that ALL the stockholders are equally important---not just the insiders.

Bob Goldstein
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