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


To: Kurt R. who wrote (13883)6/25/1998 9:20:00 AM
From: mark silvers  Respond to of 20681
 
Kurt

<<Henry, you are at liberty to call questions posted five months ago "hindsight". Hey, it's all a matter of perspective. >>

Sincerely and with all due respect, 5 months is a lifetime in information and decision making time-frames. As far as J/L goes, 5 months is a literal lifetime.

Mark



To: Kurt R. who wrote (13883)6/25/1998 9:27:00 AM
From: Henry Volquardsen  Read Replies (1) | Respond to of 20681
 
Kurt,

Questions posted five months ago are hindsight if they come well after the issue in question. Also it is not as if you were the only person questioning J/L until yesterday. I don't remember exactly how long ago I started questioning the J/L arrangement but it was several months ago as well, late January at the latest. But it was also hindsight.

The Johnson/Lett deal was signed in early October. There was more than a bit of cheerleading going on as the price tickled the underside of 10. January is a couple of months after the fact and a lot of people started sharing your concern. Fortunately for us there were people inside of Naxos at the time who had the same questions because that was when the ground work was being laid for the change in direction. So for those of us in the peanut gallery, five months ago was hindsight.

I have not posted any comments about the proposed board of directors. I am happy with the addition of Mr Goth. I am also very happy with the job Sid Kemp is doing. I have no insight to the working of the Investor Advisory Panel or what search criteria was used. I am disappointed with the lack of industry experience on the rest of the board. My vote reflected my feelings.

Henry