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

To: sh who wrote (14665)	7/23/1998 10:48:00 PM
From: Lionel Hungar	Read Replies (1) \| Respond to of 20681

Henry is not himself these days. Mr. Brasington has gone AWOL. Mark is tense. Larry M is upset. However, all of them share the same opinion of what they would like to see happen with Naxos management. Frankly, I don't know what to make of it. Lionel Hungar

To: sh who wrote (14665)	7/23/1998 11:54:00 PM
From: ShoppinTheNet	Respond to of 20681

"Regarding Norton, I'm not sure how qualified he is in the mining industry. If someone can, and maybe you can, please post his educational and mining industry background (including how long he worked with whatever mining companies he worked for)." Wow this thread moron has been asking this very question for about 3 months. I thought I was the only one concerned about this. Thanks for joining the camp!

To: sh who wrote (14665)	7/24/1998 4:46:00 AM
From: BGM	Respond to of 20681

SH I also tried to respond to Henry's post. I should have waited until I read yours. I agree (less capably, but not less enthusiastically) with you. Brad Mertz

To: sh who wrote (14665)	7/24/1998 7:03:00 AM
From: Henry Volquardsen	Respond to of 20681

sh, We have discussed Sid. We have discussed his qualifications at great length. I have made it clear he is not who I would choose for the long term but I find him acceptable in the role of interim CEO. Check the posts over the last several weeks and you will see the posts. And I am sure we will discuss it again. But why are you so eager to change the subject? Why do you feel we should not even discuss Fred's qualifications? You state You also don't care much that Fred has a substantial personal stake in the company through purchase of over a million shares, while Sid has invested very little in the company (what little he does have, apparently came through stock options; mind you, his law firm reaps over $200,000 a year from Naxos). I don't understand how you can find this factor of little importance. I never said any such thing. I specifically said it bothers me that Sid does not own more stock. But this is just an attempt to change the subject. The issue was people using Fred's ownership stake as a major reason he should be CEO. My simple question is how does this qualify him anymore than any other large sharholder. Regarding Allen & Co., please direct us to any release that said Fred was coming on board to facilitate their investment in the company. Of course there was never any press release. Almost every poster here is aware of the constant rumour mill buzz about Allen&Co that permeated this company. That is the major problem with Naxos. We are constantly being fed bs rumours. Sid may not have a good relationship with Ledoux. But how does that matter to a discussion of Fred? Norton's qualifications were posted my Kim some time ago. I have already stated clearly that I heard this information from others. I wish these posters would confirm my statements. I can't control wether they do. I believe what I was told. I would be happy to recant them as I have already said. Just give me a reason. If you don't want to trust or believe me just hit next. But I have listened to a lot of people sing Fred's praises with any discussion. I simply stated my concerns. Henry

To: sh who wrote (14665)	7/24/1998 8:29:00 AM
From: mark silvers	Read Replies (1) \| Respond to of 20681

SH I am sorry, but I find your post one sided. I will show you why, but first let me say that I am the person Henry spoke to, that had talked to Fred. Let me say unequivocally, that Fred told me that he didnt want to pursue conventional mining, and would fire John Norton at the first chance. << Sid either did not agree (which was obviously a major legal blunder) or, if he did, was too weak to stand up to those who did not.>> Sid was the lawyer, all he can do is dispense advice. At that time Fred and JJ were in charge. They were the only ones that could make a final determination on the ASC/ASE. Any blame falls to them. << The comparison here is not between Fred and JJ, but Fred and Sid (JJ received a lot of his shares for free or cheap while Fred even recently, before Thursday's release, bought over a hundred thousand shares on the market).>> You make it sound like Fred has more at risk than JJ. That is crazy. Whatever you may think of JJ, this is his company, started by him and his risk capital. He has put everything he owns into this. to make it sound like Fred has more at risk is insane. <<Regarding Allen & Co., please direct us to any release that said Fred was coming on board to facilitate their investment in the company. I always thought his major job was to settle the ASE problems, which he did and that allowed us to trade in the U.S.>> First you say the ASE/ASC problem was handled incorectly and was Sid's fault, now you are saying that all positive credit goes to Fred? Fred told many people that Allen only spoke to him, and that he was responsible for getting the deal done. <<Regarding Ledoux, I too hear Fred has a very good relationship with them. I don't know who is telling you otherwise. I guess we'll find out in the not too distant future.>> When Fred was in charge and we were having problems with ledoux in terms of testing J/L stuff, all we heard was how rotten and evil Ledoux was. If he had that great of a relationship, why couldnt he control them any better? <<Regarding Norton, I'm not sure how qualified he is in the mining industry.>> I believe his resume was published in a news release. Mark BTW, this is not a personal attack on you or Fred. these are just the facts as I know them.