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

To: Richard Mazzarella who wrote (12910)	5/16/1998 10:53:00 AM
From: Missy Link	Respond to of 20681

Richard I agree with your line of thinking. The recovery costs would have to be very low under $25/ton to break even. The upside is these numbers do not include any other metals, and it is only the first hole. Regarding the new appointment to the board, I have a concern maybe someone can answer. This will make the sixth board member, will this slow down the decision making due to split decisions? Is there an additional member coming or one leaving? Will there be any proxy voting information sent out to the shareholders anytime soon? If the company waits any longer it will be too late to gather votes before the annual meeting.