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

To: mark silvers who wrote (10072)	3/14/1998 10:14:00 AM
From: RRG	Read Replies (1) \| Respond to of 20681

TO ALL: Re the "Industry Advisory Panel", I think I would have been happier with the following members: God Moses Christ Mohammed The Pope Bob Goldstein Signed: Bob Goldstein (hehehehe)

To: mark silvers who wrote (10072)	3/14/1998 10:17:00 AM
From: jlallen	Respond to of 20681

Mark: I agree with your post and I think the appointment as Pres. of an industry known and respected "mover and shaker" represents the last, best hope for the company. However, I do worry about continuity and I also think that Fred A would be a good choice for Chairman of the Board of Directors. I hope everyone will vote for him at the next AGM. I think Fred did an admirable job under difficult circumstances with the tasks he had been presented and over which he did not have the final authority. I believe he is a classy, knowledgible guy with an idea of what it takes to run a company and who takes seriously his obligations to other shareholders in doing so. It certainly could not hurt to retain Mr. Arkoosh in such a position and I believe he would represent all the shareholders well. This is just my opinion of course. JLA

To: mark silvers who wrote (10072)	3/14/1998 7:52:00 PM
From: sh	Respond to of 20681

Mark, I have no qualms with your sincere opinion. Whether it's Fred Arkoosh or someone else, I have no doubt that our advisory committee will come up with an excellent choice considering all of the circumstances, including those that you so aptly describe (actually, I would expect that we will have more than one change). My view is similar to JLA, that Fred was not given a proper opportunity to take Naxos where we all believe it already should be. He is a very successful, astute and hard working businessman who takes his responsibilities very seriously and who has expended a great deal of his own time in making Naxos a success. From my understanding of Fred, he's one who will never sit back and allow events to take their own course; he puts 100% into whatever he does and makes sure nothing is left unattended. Whoever the next CEO is, s/he must have those characteristics. As I emphasized before, we cannot leave the labs unchecked even briefly. They have an important task and they should be constantly monitored. If they are taking their time in doing the testing, our management needs to know why and immediately provide whatever push or assistance they may require. Simply put, the management has to be very proactive in their daily operations. This is especially true with a company like Naxos, where a single error could set things back significantly. Aside from all this, we need to sell our product to the investment community, ergo, the need for seasoned business professionals. I'll stop my rambling, but I think you see where I'm coming from. sh