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

To: Tom Frederick who wrote (19982)	11/1/1999 10:44:00 PM
From: Paul Salber	Read Replies (1) \| Respond to of 20681

Tom, Just to clear the air, I'm really sorry that you had to sell your Naxos stock and wasn't looking for your reasons. My question was really why you are still here which you answered. I have also sold off some of mine, but still hold more. Now, as for believing that the Lithium approach is a good one... well I agree with you. This work should continue and the results published before any financial agreements are made with anyone... The problems are that I don't trust current management to work in the best interests of share holders. I could elaborate, but in the essence of time, I won't. My take on this management team is that they are as dysfunctional as any we have yet had. I've spoken with a very emotional member of the board and don't trust this individual to make logical decisions. Also, there have been some very disturbing happenings taking place which I feel are material information that have not been disclosed to the investment community. These include the extent of the claims which were dropped and the results of P.M. testing both of which were stated in K.B. messages posted here in S.I. on 9/2/99. Assuming the results were bad and we have lost a significant number of claims, this should have been reported. (wasn't the guilty verdict against Jimmy John for withholding negative information ???? An additional problem with this company is that they seem to use this thread as the official news agency. Are Kim's posts just perceptions ? .. or are they sanctioned "releases" issued only to privileged S.I. readers....????? Tom, the one thing I do share in common with you is the hope that Naxos does succeed. Our major area of contention seems to be that this is the right management team to foster it. My feelings are that whoever is running this fiasco will make a deal just to retain control. Paul P.S. Daphne still hasn't called back.... and you were so sure she would ...