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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: Rahoul Interaz who wrote (19404)	7/6/1999 1:10:00 PM
From: Chuca Marsh	Read Replies (1) \| Respond to of 20681

I added juts one word now, past my lines here below- here is an example od the ROLLING NEWS at CSW -canada stockwatch yesterday where I pulled it and guess what, it is NOT under q.Naxof; today, THEY PULLED IT OUT: Stockwatch bulletins last 5 hours Click the Symbol for a quote and other info Click the news Type to read the bulletin (20c) Use your back button (or the right mouse button) to quickly return to this list Time Sym Company Type Headline 10:11 TLQ Consolidated Trillion Resources Ltd News Release Nickelodeon and Cons Trillion positive results from Zimbabwe 10:11 NKM Nickelodeon Minerals Inc News Release Nickelodeon and Cons Trillion positive results from Zimbabwe 10:02 EEG Energas Resources Inc News Release Energas's John Wells No. 1-28 well reaches total depth 10:00 TOC Thomson Corporation (The) News Release Thomson Bank Watch now includes public ratings 09:57 NSD.A NorthStar Drilling Systems Inc News Release NorthStar Drilling appoints Jay Levy to board of directors 09:56 JSS JSS Resources Inc News Release JSS appoints Theo Sanidas as president 09:55 DTN Dalmatian Resources Ltd News Release Brier and Dalmatian's joint venture drilling results from Red Hill 09:55 BE Brier Resources Corp News Release Brier and Dalmatian's joint venture drilling results from Red Hill 09:53 ELE Electric Mail Company, The News Release Electric Mail launches E-mail virus scanning service 09:48 WT Westfort Energy Ltd News Release Westfort elects board 09:46 CUT CompuSoft Canada Inc News Release CompuSoft hires sales and marketing employees 09:43 IE Ivanhoe Energy Inc News Release Ivanhoe completes merger; board appointments 09:41 IWAV iWave.com Inc News Release iWave.com marketing program produces results 09:41 FID.PR.A Desjardins Trust Dividend Declared Desjardins Trust pays quarterly dividend 09:38 REG Regional Cablesystems Inc News Release Regional Cablesystems acquires Quebec cable company 09:36 WIM William Resources Inc In the News Globe says Williams Resources' mine in receivership 09:35 TLM Talisman Energy Inc News Release Talisman oil flows in Sudan 09:33 AFC Consolidated African Mining Corp News Release Consolidated African signs one-year extension on Collision property 09:29 TWE TD Waterhouse Group Inc News Release TD Waterhouse launches global investor services 09:24 HRW.A Harrowston Inc News Release Harrowston to make new normal course issuer bid 09:19 TMA Trimac Corp News Release Trimac acquires 80 per cent ownership of Amer-Liquid Transport 09:19 LMS Assante Corp News Release Assante acquires NKS Management Inc. 09:17 WWE Westward Explorations Ltd News Release Westward options Los Caballos claims to Tenke 09:16 BGT BIT Integration Technology Inc News Release BIT Integration former president commences proceedings 09:14 BCP Bell Coast Capital Corp News Release Bell Coast agrees to purchase Worlddoctors.com 09:09 ACH Alert Care Corp Resume Trading Alert Care resuming at 10:45 a.m., MT 09:08 LSK Lasik Vision Corp News Release Lasik Vision second-quarter results 09:08 URB Urbana Corporation News Release Urbana phase II exploration program under way 08:59 ECP Eclipse Capital Corporation News Release Alert and Eclipse terminate agreement with CPL 08:59 ACH Alert Care Corp News Release Alert and Eclipse terminate agreement with CPL 08:54 DDS Labopharm Inc News Release Labopharm completes phase I, 18-subject single dose study 08:43 CN.B Call-Net Enterprises Inc News Release Call-Net's Sprint Canada launches It's Easy Unlimited In-Province calling plan 08:39 RMX Rubicon Minerals Corp News Release Rubicon mobilizes for Palmer drilling in Alaska 08:36 GNHM Golden Hope Mines Ltd News Release Golden Hope Mines completes private placement 08:34 BBS Black Bull Resources Inc News Release Black Bull begins second phase drilling at Flintstone Rock property 08:33 NWI Nuinsco Resources Limited News Release Nuinsco and Freewest enter into Lac Rocher option agreement 08:21 ACH Alert Care Corp Halt Trading Alert Care halted at 9:03 a.m., MT 08:19 TKI Contiki Resources Ltd News Release Contiki acquires GoldenGoals.com 08:13 FM First Quantum Minerals Ltd News Release First Quantum second quarter production results 08:06 SPZ Spar Aerospace Ltd Resume Trading Spar resuming at 11:15 a.m., ET 07:58 GBG Great Basin Gold Ltd News Release Great Basin acquires subsidiary of Cornucopia 07:54 UAE United America Enterprises Ltd News Release United America acquires FlashlinkIT 07:53 GBG Great Basin Gold Ltd News Release Great Basin completes Ivanhoe project acquisition 07:51 MAN Manhattan Minerals Corp Resume Trading Manhattan resuming at 10:45 a.m., ET 07:48 ATI Altai Resources Inc News Release Altai Resources subsidiary to start drilling at Rodeo property 07:42 IVI IVI Checkmate Ltd News Release IVI Checkmate receives order from the Wiz 07:42 IVC IVI Checkmate Corp News Release IVI Checkmate receives order from the Wiz 07:41 TBT Timbuktu Gold Corp In the News Post says ASE happy to keep securities violator on board 07:41 ASE Alberta Stock Exchange In the News Post says ASE happy to keep securities violator on board 07:35 IAC Amisco Industries Limited News Release Amisco six-month results 07:33 GCD Great Canadian Gaming Corp In the News Van Sun says Great Canadian to lobby Surrey voters 07:32 UTC.C Utility Corp New MY NAME BELOW is only thing added BELOW , all WAS at CSW: Naxos quarterly results Naxos Resources Ltd NAXOF Shares issued 31,678,737 1899-12-30 close $0 Monday Jul 5 1999 An anonymous director reviews the company During the quarter ended April 30, the company continued its focus on the Franklin Lake project. In order to conserve funds, it has turned over the optimization of the pilot plant at Franklin Lake to the large chemical company that provides the bromine used in the process. By utilizing their expertise, at no cost to Naxos, it saves funds by not using chemicals, power and labour in a trial and error optimization process. Results expected from the chemical company have not arrived in time for this report. Also, a 1982 U.S. Geological Survey study of Franklin Lake says that the playa appears to contain significant amounts of lithium. Naxos has verified this existence at two laboratories and is diligently pursuing avenues to best exploit this potential resource. The company continues to seek ways to reduce its operating costs to conserve cash. During the first six months of fiscal 1999, cash used in operating activities was reduced by more than 50 per cent ($2,432,131 to $1,076,608) compared to the same period in fiscal 1998. During the first six months of fiscal 1999, options for 230,593 shares were exercised resulting in proceeds of $184,474. At the annual general meeting, the following directors were elected: Martin Blake, Lloyd Brewer, Lawrence Brierly, Stanley Combs, Bruce Downing, Daphne Elworthy, Gerard Gallissant and Jim Sahlin. Four of the directors were management's nominees while four came from the dissident shareholders list of nominees. At the meeting, Father Gregor Ofiesh withdrew his name from the list of nominees. After the meeting, the board met and elected Paul Del Guidice to the board. However, Dr. Del Guidice has subsequently resigned as has Mr. Blake, who found the board function was diverting too much of his time from research and exploration activities at Franklin Lake. Despite obtaining four of the eight seats on the board and withdrawing his own nomination, Father Ofiesh is suing to overturn the election. In addition to the normal costs of an annual general meeting the company has been forced to spend an excessive amount of money defending against such legal actions taken by Father Ofiesh. We are hoping to work together to resolve this situation and to come to an agreement that will benefit Naxos Resources Ltd. and its shareholders as a whole. We look forward to moving ahead in the third quarter in our efforts to realize the full potential of Franklin Lake. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com Chucka-