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

To: jlallen who wrote (8475)	1/23/1998 8:32:00 AM
From: Jerry in Omaha	Read Replies (1) \| Respond to of 20681

Mr. Allen; You commented, "I hope you are correct but with my misgivings about this company's management, I'll continue to worry about the issue until it's settled." Friend, the weight you carry in your saddle bags 'o doubt is no concern of mine. As to my being correct, you can count on that. You continued, "Also, if management is so confident about the ultimate outcome, then why not move aggressively to settle the matter on its own terms rather than passively awaiting the next salvo by ASC?" Regardless of your confidence level how many contests would you enter where your opponent owns the arena, hires the crowd, makes the rules, officiates, lies to your face, makes changes in reality behind your back, and, for some reason you can't quite fathom, hates your guts? 'Nuff said? Jerard P

To: jlallen who wrote (8475)	1/23/1998 8:32:00 AM
From: Donald E. Aken	Read Replies (2) \| Respond to of 20681

Mr. Norton who joined the Naxos staff sometime back fills the bill on mining savy management. He has been in Venezuela overseeing and improving the operations there. I understand that at some point he will turn his attention towards development issues at Franklin Lake. A brief resume is available in a news release at the Naxos website dated around September or August '97. His experience in dealing with Platinum should be of particular interest. Naxos is only now beginning to enter the stage where such additions are necessary as the research phase draws to a close. No doubt the tough times in the PM industry will make available a wealth of mining talent as unprofitable mines and mining companies curtail operations.