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

To: Henry Volquardsen who wrote (13050)	5/20/1998 8:22:00 AM
From: jlallen	Respond to of 20681

I was out of town for a few days and missed the excitement last week. In general, I found the news on the new Board member positive and the press release on Hole #1 a downer but not a killer. I have not reviewed all the posts so if I repeat please excuse me. I am having trouble with the concept that we still don't have numbers from all the BD holes even though we are informed that the inestimable Mr. Norton is now in operational charge. I also can't believe that there is no other material (and hopefully positive) news the company could share to assist the share price in the market. A steady flow of information is critical to attracting and keeping shareholders. We've been promised that flow and saw it briefly. We need to see it again. For instance, where is the CEO search? What about the idea of reincorporation and relocation in the US? When can we expect some results from the 68 holes? Any luck finding an investment bank or equity partner? The company doesn't have to name names but it can do a better job of showing the street that it is making progress. I tried to call Mr. Kemp to share my views on this subject last week. The foregoing are all just my opinions of course. I still don't see any near term amelioration in share price if we continue on this course. JLA