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

To: Jim Lucky who wrote (10623)	3/19/1998 1:23:00 PM
From: Tom Frederick	Respond to of 20681

Mr. Lucky, welcome aboard. You bring up one of the most relevant points of all on this ore body. With this size of deposit in this kind of concentration, if anyone wants to MAKE money on gold, the key will be to own the biggest property with the longest range potential for output economically - and right now it looks like FL could be that property. I have too many people I know who say, "the price of gold is down, why would I want a gold mining stock?" and miss the point you are making. And by the way, I completely agree with your assessment of current situations. I bet most of you are REALLY surprised by that ;) Thanks. Tom F.

To: Jim Lucky who wrote (10623)	3/19/1998 2:07:00 PM
From: Yin/Yang	Respond to of 20681

Hi Jim, you make an excellent assertion and I'm glad we have you aboard. Before long some very surprised fund managers will HAVE to take a look at companies with upside potential in this rotational madly overvalued tulip craze. Naxos is making much awaited progress (the opposite of con.....)at the right time. In order to bring its act together it ( the shareholders) must ponder if a US Headquarter makes more sense for the new bright future we are working on. Reasons: US Majority of shareholders (Owners) US Property (Main Asset-Franklin Lake) US Labs and Engineering Firms US Stock Exchanges (Nasdaq) under SEC supervision US deep pockets financing (Financial Institutions) Electronic listing following ASC/ASE settlement etc. Location ideas: California (site) Nevada (laws and taxes) Food for fruitful thought in face of the upcoming AGM and the totally new bed sheets to be installed. IMO Mr.Fred Arkoosh would be an excellent top executive (continuity). Having said that I know that Naxos needs the help of a financial institution with excellent credentials for its management search.Who else knows the top guns better. When are we going to hire such an institution ? Any suggestions ?