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

To: Tom Frederick who wrote (11729)	4/13/1998 2:03:00 PM
From: Kim W. Brasington	Respond to of 20681

Tom: I do not have hard and fast recovery numbers yet - they will come later. I see two elements that could materially help the cost of recovery at Franklin Lake: a. the ease of access b. the plethora of other metals and minerals that could be used to defray the cost of gold. Regards, Kim W.

To: Tom Frederick who wrote (11729)	4/13/1998 2:51:00 PM
From: Neal davidson	Read Replies (3) \| Respond to of 20681

Tom: Do you live in Chicago? Did you recently fly through Chicago? I was just wondering how Mark passed his pom-poms off to you. You seem to be unable to differentiate between "our current situation" and what is "taking shape." The "current situation" is, as Mr. Allen stated, a falling stock price with only 1 1/2 holes assayed. The assays are inconsistent, to boot (Rocky Mountain's numbers are lower than Ledoux's.) What you refer to as "taking shape" is actually a plan for the future, which, if the past is any indication, might bear fruit sometime in the year 2000. If May and June are, as you predict, "exciting months," due to lots of numbers being announced, then I will be the happiest one on here, and I will state, on this thread, that I was wrong. Here's hoping that I am wrong. Time will tell.