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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: GlobalMarine who wrote (15065)7/30/1998 9:29:00 PM
From: Kim W. Brasington  Read Replies (3) of 20681
 
Rand:

Naxos is looking to sell a grader and an over-the highway tractor along with perhaps one or two of the three generators that they have along with perhaps the AA machine, (since it will be done by a lab) and one or two of the three centrifuges. They may also sell several of the five furnaces that they have. One of the employees has been in contact with A. Lett asking him what they may be needing to make sure that those items are not sold. An analyst who follows Naxos suggested that we sell some of this equipment awhile back.

Franklin Lake continues to be the primary thrust of Naxos.

Regards,

Kim W.



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