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

To: mark silvers who wrote (8713)	1/29/1998 2:42:00 PM
From: GlobalMarine	Respond to of 20681

<<From my conversations with the company, it does not appear to me at all that they are addressing the issues with anything near a cavalier attitude. I certaintly don't think they have an attitude that says, "if it works, fine. If it doesn't, at least I get paid". What makes that attitude even more unlikely is most of the people are paid with options, and Jimmy takes only a very small salary for himself.>> I agree with you, Mark. Naxos management is working very diligently to prove out the value of FL, and being remunerated with options has always been an appropriate way to align management interests with those of other shareholders. Rand