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

To: sh who wrote (8545)	1/25/1998 7:01:00 AM
From: Kurt R.	Read Replies (2) \| Respond to of 20681

Hello Everyone, first of all, I would like to compliment the recent posters on the great contributions. Keep up this great discussion. I agree with Henry that getting the pilot plant up and running might not be a such a great challenge. I would even go a step further and say that even putting up a full fledged processing plant is not a major problem. Keep in mind, many processing steps that are required in this extraction method are standard in other industries. Think for example of the cement industry. There too, you have a comminution (i.e., grinding) step and a high temperature treatment. The temperature at the burning end in the cement industry ranges from about 2,400 to 2,700 F (1,300 to 1,500 C). My point is that a skilled processing engineer can put together a plant using mainly commercially available equipment. By using standard equipment and technology, implementation would be predictable, affordable and expeditious. As far as management is concerned, I believe it is not a matter of hiring excellent people, it is rather a matter of putting excellent professionals in charge at the very top level. The CEO and President of a mining company does not necessarily need to be a mining pro. The qualities of a good team leader, excellent communication skills and a heavy dose of plain old common sense would be good start. Austin Lett has been quoted with his remark that Naxos will need a higher powered management to take the company to the next level. It has also been reported that Jimmy John nodded in agreement to this statement Mr. Lett made at the presentation at Franklin Lake. I would like to ask Kim Brasington this: Assuming this really happened as reported, what does Jimmy John's nodding actually mean? In conclusion, I would like to ask you all a hypothetical question. Let's assume that you are a corporate leader and you negotiate a financial deal for the company you represent. Closing this deal would be of immeasurable benefit to he company and its share holders. There is one catch, however: This new partner requires you to resign from your position and make room for somebody they believe would better fit the job description. Would you enthusiastically pursue and then close the deal? Just some food for thought on a lazy Sunday. Kurt Reschner

To: sh who wrote (8545)	1/25/1998 8:42:00 AM
From: Chuca Marsh	Respond to of 20681

Sh & Kurt, in the next "Development Stage" I had a conversation just about such a TRANSITION and Gregg John asked me to fax some ideas. I ofcourse, got into my old files, and faxed him 10 pages ( almost or so) of old file info from management files ( I will call it) from the 1970's (and latter) -he said he would pass this on to Jimmy John just a bit ago this year. Any company that is aware of a need for management and growth and joint aid and help is a company that is WELL AWARE of the future company needs. It is that type of company that will suceed in the future. A "leader" is the term that I have to use to describe that AWARENESS OF MANY OF THESE New Rare Metals Companies! They are aware of future needs and I will always try to put these ideas on paper some more in the future few weeks. Chuca