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

To: GlobalMarine who wrote (7234)	12/13/1997 11:25:00 PM
From: sh	Respond to of 20681

Rand, Thanks for the information, that could partially explain the weakness in price on Friday. Ms. Lonnie, in a Naxos offering prospectus, it states that "initial exploration drilling was conducted in 1989." It goes on to state that on December 1, 1989 Naxos entered into their first agreement for a lease covering 51 mineral claims "known as the North Eagle claims". Those claims were subsequently substituted for other claims, which ultimately led to the current interest held in Franklin Lake. sh