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

To: Kurt R. who wrote (13586)	6/16/1998 9:25:00 AM
From: Larry Macklin	Respond to of 20681

kurt, I was starting to respond to each of your points when i realized it just doesn't matter.Just doesnt seem realistic to me. Anyway, if you guys want to keep arguing the ethics thing go ahead without me. I am convinced that the current mgmt team is 100% completely ethical and is doing everything in their power to make naxos a success. I will be looking forward to the results from all 40 holes of the drill program. I don't have the time or energy to debate problems that don't even exist. Larry Macklin

To: Kurt R. who wrote (13586)	6/16/1998 9:26:00 AM
From: Jerry in Omaha	Read Replies (1) \| Respond to of 20681

Kurt, Thank you for posting your eight points of ethics to consider. I find myself in agreement with a significant fraction of them. :-) What has been termed "new management" to me is only transitional management. Is there any reason to believe that we can hire permanent executive officers until we have a new board of directors? Whatever the current management may be doing to accommodate various insider / large shareholder interests I do not know. I do expect current management to make such adjustments that we are able to attract one or two skilled hot-shot cowboy executive types some here claim to want hired ASAP. I sincerely hope that the issues that you raise receive a hearing at the AGM. I doubt seriously though that our thread expressed opinions, charges, feelings or judgements are given much weight in this closely held company. Mr. maghan, in his recent posting provided the best advice to us all when he directed us to vote our proxies. Jerard P