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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Larry Macklin who wrote (13589)6/16/1998 9:09:00 AM
From: mark silvers  Read Replies (1) of 20681
 
Larry

Ultimately, we are talking about issues that are typically a lightening rod for shareholder controversy, but in this case are less important than the issue at hand. IMO, I want mgmt focusing on getting good numbers out to the market in a timely fashion. I am less concerned with looking backwards at prior mgmt antics, than I am with
looking forward towards making this a profitable concern.

I am not saying that others are wrong for concerning themselves with whatever they think is a pertinent issue. I am just stating how I look at it, and what I am concerning myself with.

I am very happy that mgmt had the foresight to focus on a conventional path for this company, when many did not want them to. I am very happy that they have had the foresight and the determination to follow the less popular path. I am very happy that they did not concern themselves
with looking backwards and getting stuck in the mud of past transgressions when there was so much work to be done by looking towards a more conventional future.

Mark
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