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


To: jlallen who wrote (10759)3/20/1998 11:00:00 PM
From: mark silvers  Read Replies (1) | Respond to of 20681
 
John,

I dont know what the current cash picture is, but as of a couple of weeks ago I believe they had roughly 2.2 million or something like that.

I had heard that the AGM was being rescheduled, but I cant remember when or who told me. So treat that information very subject.

mark



To: jlallen who wrote (10759)3/20/1998 11:22:00 PM
From: ShoppinTheNet  Respond to of 20681
 
The press release states that the company posted a bond for a 28 hole drill program, so It appears there will be cash to support the drill program. However, they will now have to charge for the coffee and danish at the AGM.



To: jlallen who wrote (10759)3/20/1998 11:50:00 PM
From: Bear Dolbair  Respond to of 20681
 
Well they have enough cash to idiotically issue two releases in one
day twice in the past week.

It should take about six months for Naxos to release the first drill
hole results if you believe history is a good indicator of the future.