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

To: Richard Mazzarella who wrote (13083)5/21/1998 8:18:00 PM
From: jlallen  Respond to of 20681
 
That's my point. Management twiddles its thumb and does NOTHING. Where's the new CEO? Where's the rest of the BD holes? Etc, etc. etc. and so on. Who's selling all these shares? More importantly, who's buying? I smell a rat. JLA



To: Richard Mazzarella who wrote (13083)5/21/1998 9:04:00 PM
From: Henry Volquardsen  Read Replies (2) | Respond to of 20681
 
Richard,

The company has started an effort to produce results utilizing conventional processes and a standard fire assay. This takes time. Naxos is making an effort to differentiate itself from the desert dirts. Yes there appears to be a shareholder capitulation going on, but it most likely a capitulation by people who believe in the 'desert dirt' fairy tale.

Henry


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