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

To: kenneth w. calligar who wrote (13939)	7/1/1998 3:53:00 PM
From: Henry Volquardsen	Respond to of 20681

Ken, Who said it was a purchase? FWIW when I saw it I suspected he was just converting restricted stock to tradeable stock. Henry

To: kenneth w. calligar who wrote (13939)	7/1/1998 4:00:00 PM
From: Kurt R.	Respond to of 20681

Isn't Alan Saroff one of those guys who used to be a member of the "industry advisory panel" and then put themselves on the list of candidates for BoD?

To: kenneth w. calligar who wrote (13939)	7/1/1998 4:00:00 PM
From: Neal davidson	Respond to of 20681

Ken: Was that a question or a comment?

To: kenneth w. calligar who wrote (13939)	7/1/1998 4:11:00 PM
From: mark silvers	Read Replies (1) \| Respond to of 20681

Ken As you know, one of those reasons for those notices is when people file to have the legends removed from their private placement so that they can convert their restricted shares into non-restricted shares. It does not necessarily mean that you are either going to or not going to sell shares. Mark