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

To: ShoppinTheNet who wrote (14466)	7/19/1998 7:14:00 PM
From: Larry Macklin	Read Replies (2) \| Respond to of 20681

TO ALL I CAN NOT STRESS ENOUGH HOW IMPORTANT I FEEL IT IS THAT WE KEEP CURRENT MANAGEMENT IN PLACE. If brian russell myntek report is positive i can assure you trat current management will do everything possible to prove whether or not johnson-lett is an economically viable project. We must not abandon conventional. We must keep all of our options open and current management will do this. I dont believe the JL camp will keep our options open. If we lose current management then we lose conventional and we lose CPM......CPM's involvement is critical to the long term success of naxos. Don't assume that ledouxs numbers will be thrown away. There is a very real possibilty that ledoux will re-check the numbers and stand behind them. At that point naxos can continue the process of trying to verify ledouxs work. WE MUST KEEP THE CURRENT MANAGEMENT TEAM IN PLACE. WE MUST KEEP SID. tHAT ASSURES THAT WE KEEP CPM, JOHN NORTON, AND JEREMY ISON..THEY ARE THE FUTURE OF THIS COMPANY. THANK YOU LARRY MACKLIN