SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?


To: Lawrence Brierley who wrote (7556)12/20/1997 10:22:00 AM
From: Henry Volquardsen  Read Replies (1) | Respond to of 20681
 
unending discussions about whether this year's annual dividends should be in double figures or not

Gee i've already been dreaming of triple digit dividends :)



To: Lawrence Brierley who wrote (7556)12/20/1997 11:42:00 AM
From: Jerry in Omaha  Read Replies (1) | Respond to of 20681
 
Mr. Brierley;

Thank you for your comments, I assure you, as well received as they were
written. You posted; "However, I don't agree that there is any sort of
embargo on information in place with this company."

I agree with you and I don't believe I indicated any embargo on information,
at least I did not use those words. I don't believe anyone can stop the
flow of information, they may seek to retard or accelerate it within legal
limits, and I'm sure that is done. Information needs to be prepared and
packaged, and there's nothing wrong with that.

There's information that flows to friends and family. Company managment
cannot be expected to sequester themselves away from their lives, like some
juror in a high-profile case, and not repeat anything they may have heard
or did during the day. It is the nature of information to flow.

All too often, and I am sure there are those reading who know this by experience,
companies put things on the back burner that should be given greater consideration
in spite of the daily realities mitigating against such a decision.

I have long held that it is insane, at least neurotic, for a person to know
and believe without a single doubt one thing, and not behave 100% as if it
were really true. It is our obligation to deliver the facts about Franklin
Lake, what it means to be a part owner of Franklin Lake for the 21st century,
and what global values can be realized by the rapid market onset of the
products of such a world class precious metal discovery.

If we were to hire a cracker-jack public relations company (and I'm not
suggesting that we do
) one of the first questions they ask their new
client is, "Ok, what kind of business are you in?" Often times in the rush
of daily business activity the answer to that question becomes hazy and
ill-determined. This is dangerous for any company.

If there is no dialog within the company considering all the possible answers
to that question there most certainly should be. I don't believe in the
case of Naxos that the answer is as obvious as we would be inclined first
to think. I will not pose the questions to this thread since the discussion
in a public forum would be idle speculation, maybe dangerous speculation.

The time openly to discuss these issues should follow the release of certified
numbers, some indications of homogeneity of the playa, and proof of economical
recovery. I certainly am not calling for a public relations campaign nor a
media blitz. I am calling for creative fore-thought, planning and preparation
for a lot of explaining that we will be obligated to do.

The blitz I am expecting will be huge numbers of intense questions coming our way
from all quarters. It would be nice if we could be ready for them.

Jerard P