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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Richard Mazzarella who wrote (16436)	10/1/1998 12:53:00 PM
From: Paul Salber	Read Replies (1) of 20681

This release is quite indicative of just where current management stands on Franklin Lake. In an effort to redirect the company, Sid has sold what could be the world's largest precious metals mine for a pittance of what it could be worth. Remember everyone, he just recently signed an agreement with J/L to continue working on FL and now, before any results are known, it is put up for sale. In my opinion, Sid should be removed immediately and every effort made to reverse this incredibly inexcusable move. Folks, if this isn't throwing away the farm, what is.... ?? Why would anyone do such a thing when results from J/L and (as Jeff Sharp told me a couple of weeks back) from another process which is also under evaluation, should be available very soon... ??? Sid, what is the reason you are doing such a thing ? Paul

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