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

To: mark silvers who wrote (10015)	3/13/1998 7:07:00 PM
From: knight	Read Replies (1) \| Respond to of 20681

Mark, I agree. Bring in a "squeeky clean" new CEO. There is still a lot of animosity out there based on the past antics of the current management. Perhaps a change in leadership will appease the ASE and negative news media.

To: mark silvers who wrote (10015)	3/13/1998 8:08:00 PM
From: Stoopid	Respond to of 20681

Mark: I agree with you whole-heartedly. BUT Fred (among others) should be VERY involved with finding the new CEO.

To: mark silvers who wrote (10015)	3/14/1998 1:00:00 AM
From: sh	Read Replies (1) \| Respond to of 20681

Mark, I respectfully disagree. It appears that Fred Arkoosh wasn't given much opportunity to do anything but take care of the ASE matter, which he did quite well. The ASC matter was apparently left undone against his advice. The ASE, despite its credibility problems, was induced to make a deal by the unceasing, daily efforts of Fred Arkoosh. He was able to do what most of us thought not possible: extricate Naxos from the frivolous ASE claims of impropriety in failing to report standard lead fire assays together with the non-standard assays (it was common knowledge that Naxos was performing only non-standard assays and I think you know that as well as anyone). Given the fact that Arkoosh was not able to do much of anything in the regular operation of Naxos (all you have to do is read the previous posts from well informed individuals about his limited role and his de facto non-existence in the management of Naxos), he has not had a reasonable opportunity to lend his full expertise to Naxos. No doubt we need mining professionals to take care of the mining aspects of the business, but just as important we need business professionals to manage this company in such a way that the general business community can appreciate this company. Fred Arkoosh is in a good position to take Naxos through this transitory phase until its ultimate management makeup is settled. JMHO. sh

To: mark silvers who wrote (10015)	3/14/1998 3:49:00 AM
From: Scott Corey	Read Replies (1) \| Respond to of 20681

Mark: Why should we believe that the departure of Jimmy John was the product of any "search for experience" and not the result of a coup? I cannot accept that his resignation was submitted based on any altruistic motive on his part, i.e. voluntarily stepping aside for the good of the company. I have watched Jimmy John fumble the ball repeatedly over the years as my share value has been diluted time and time again. Only Jimmy and the insiders have managed to keep the value of their positions over the years by increasing their holdings as more shares have been issued. I'm glad he is gone and I see this as a great opportunity for Naxos.