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

To: jlallen who wrote (8925)	2/7/1998 2:29:00 PM
From: Jerry in Omaha	Read Replies (1) \| Respond to of 20681

Mr. Allen, End game strategies, two-minute drills, can be crucial with respect to outcomes. I have a great respect for almost all persons that I have come in contact with over the last two years. I also have a keen recognition of two main streams of divergent opinion that stand out clearly in my mind when every other thing peripheral falls away; each side represented by persons I respect. I have been trying for quite sometime now clearly to formulate words and phrases which would allow me to share with you and the rest of the readers of this thread my observations and conclusions about nature of this deep conflict I have been watching develop over the last two years. The reality of what I am trying to determine for myself lies at the core and is the source for Naxos' peculiar history and curious marketplace reception. I have successfully managed, at least for myself, to characterize certain aspects and elements which could be said to form part of the dynamic tension I have been observing. This, however, does none of you all any good at all if I can't adequately express myself. What can I say? It's a work in progress! I am results orientated and I have been seeing results that satisfy me. I have satisfied myself with respect to my own DD and believe that if we have what we say we have then tempests in teacups will fade into history as we brace ourselves for what John Sutter must have experienced. Let's just get our ducks lined up. OK? We'll just let those other chips fall where they may. <<"How do you know that the terms will be renegotiated with J/L? Is that an educated guess, supposition or information from IR? How do you know about a "coup" at Naxos? What happened?">> I will address these specific points. I spoke with Jimmy and he said that the contract probably would be renegotiated, which was no surprise to me. I never mentioned a coup. The most I alluded to was similar shouting directed some unsaid where. There are many ways of "Exiting stage left." The quality of this information is of the friends and family nature. It is up to the company to disclose information that they believe is important for us to know. I am sure that we will be fully informed to the degree that we need to know any of the day to day operations of Naxos. Would you wish it otherwise? If so, how? Jerard P P.S. Mr. Allen, I hope you did not mean to suggest that Naxos should simply appropriate the technology of Dr. Johnson without fair compensation. I must have read that section all wrong, right?

To: jlallen who wrote (8925)	2/9/1998 11:23:00 AM
From: Stoopid	Read Replies (1) \| Respond to of 20681

To all: This cracks me up. Some of you guys are assuming that Jimmy and Naxos didn't do due diligence on the JL process. The fact is that they looked at 60+ processes, consulted with mining people and are continuing to do so. Also -- who's talking about forcing anybody out of anything. This is patently absurd. When/if the time comes for transition in the board, in the management, appropriate changes will take place. We were assured of this at the D&P show in December, and I believe them. This is still a company in it's youth. Be patient... Regardsm, chris