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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: bill maghan who wrote (13585)	6/16/1998 8:47:00 AM
From: Larry Macklin	Read Replies (1) of 20681

bill, Has the current management team re-priced their own options? I havn't seen that happen. Giving management price targets before they can excersize options might sound like a great idea but why don't any companies do it? My guess is that it probably lead to very short term thinking. This can be especially dangerous with an R&D company. But what does any of this really matter anyway? What should the current mgmt team be doing differently? What is wrong with their current plan to prove out a resourse and turn this into a real mining company? What does jimmys re-pricing of options have to do with the current situation? larry macklin

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