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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Richard Mazzarella who wrote (18141)	3/23/1999 4:26:00 PM
From: mark silvers	Read Replies (1) of 20681

Richard <<We are not surprised by the Panel's decision as it regards to the Company. It is pleased that it can now focus its financial resources solely on the exploration and development of its Franklin Lake Property. The best thing that we can hear, IMO. Mark

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