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

To: jlallen who wrote (9565)	3/11/1998 10:23:00 AM
From: mark silvers	Read Replies (1) \| Respond to of 20681

John, I mostly agree with you except for a small point. Getting a banker to sign on would be great, but I don't think it is as high of a priority as you do at this point in time. It would do a lot for credibility but I think the single most important thing right now is to continue to prove up the property, and start getting a stream on numbers coming through. I think we have been patient in waiting for these numbers, but I think that mgmt owes us an explanation if nothing is forthcoming within the next week or so. I absolutely believe, deep in my heart, that experienced mgmt could have gotten us numbers out of these labs long before this. That said, I think that we need to have more results in hand before wwe could attract the type of talent that is necessary to get us to the next level. I severely doubt that any top flight manager with mining experience would want to work with Naxos(or any other DD) at this point. 5 completed holes with good numbers and 200 more on the way would go a long way towards changing that IMO. Mark