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Gold/Mining/Energy : Naxos Resources (NAXOF)

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To: Jerry in Omaha who wrote (19031)	5/6/1999 12:44:00 PM
From: Tim Hall	Read Replies (4) of 20681

I also suspect that the plant is down. An associate tried to contact the pilot plant for several days and only got an answering machine. It is my opinion that it is down because it couldn't produce any precious metals. (Of course it is hard to produce them if they are not there to begin with) I suspect there will be announcement in the near future that will be something to the effect that this or that problem has come up with the pilot plant and the problem is being researched but in the meantime fresh from MGAU miracles J/L are back. (They don't need the metals to be there in order to show proof) There will probably be some additional management shuffles at the same time. JMO Tim

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