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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Kurt R. who wrote (13730)6/20/1998 9:15:00 AM
From: Jerry in Omaha  Read Replies (2) of 20681
 
Kurt,

<<Why do you continue call the exchange of information and ideas,
even if they are sometimes controversial, "whining, feet beatin',
bickering" etc.? Do you think we should not discuss ALL aspects of
Naxos, including management's notion of business ethics?
>>

First, because your so called information lacks content and is not
novel, and your ideas amount to no more than accusations.

Second, because no one wishes to discuss the ante-Bre-X past there is
no exchange merely targeted didactic contentiousness coming from you.

Third, you have no intention to discuss but simply to spear the notion
of "ethics" into the heart of Naxos as a carrier for your discontent.
Discussions of business ethics properly are discussed in general terms
with applications to all business. You have made an ethical "target" of
Naxos which you then proceed to attack and at the same time attempt to
recruit the thread as the Ethics Brigade.

And fourth, because they serve no useful purpose except, apparently, the
dubious accomplishment of culling the thread of some good contributors.

The place for stockholders to demand anything begins and ends with the
Board of Directors. These persons are the only persons in a corporation
directly responsible to shareholders. Management is responsible to the
Board of Directors not to shareholders except in the discharge of their
duties as established and supervised by the Board. It is a shareholder's
duty to report any suspected breaches of ethics only to the Board, not
harass this electronic assemblage of declared non-interested parties.

You have attempted to create an agenda out of ethics on this board and
failed because you directly targeted Naxos not all business, even though
I'm sure you believe otherwise. Had you sincerely wanted to discuss
ethics you should have spoken more as Mr. Goldstein has, with terms
that apply to business universally.

Mr. Goldstein stands in sharp contrast to you, Kurt, and I believe that
he is sincere. The fact that you have not opened up a dialog with the
one person on the thread who not only is willing to discuss ethics but
eager to do so betrays your true assaultive intent.

In other of these respects I am in full accordance with Mr. Frederick's
interpretation and analysis; we have no reason to believe that current
management is not behaving with the highest business ethics. Our recent
alignment with industry professionals certainly attests to that fact.

'Nuff bloody said!

Jerard P
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