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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Richard Mazzarella who wrote (14228)	7/14/1998 7:52:00 AM
From: mark silvers	Read Replies (1) of 20681

Richard <<http://www.techstocks.com/~wsapi/investor/respond-5182573>> Thanks for the synopsis. It appears that with GPGI and Maxam both far along with their respective recovery processes, that there is nowhere left to go for J/L but Naxos. While I very much would like to see J/L continue to be a part of Naxos, and hope they are very successful, I dont see a need to do a deal right away. There is no time pressure, and no need before we get more factual data. When we get the necessary proof and verification, then we can renegotiate a fair deal with J/L. Mark

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