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

To: Jerry in Omaha who wrote (14751)7/25/1998 6:39:00 PM
From: Henry Volquardsen  Read Replies (2) | Respond to of 20681
 
The argument that monetary involvement would enhance management performance works two ways in the minds of Mr. Gordon and Kemp. They are comfortable with the fact that monetary concerns are not of such a high priority with them so as to confuse their thinking and engage intense emotions. Lack of fiscal fear clarifies capacity, they would argue.

bullshit and self-serving bullshit at that. I strongly disagree



To: Jerry in Omaha who wrote (14751)7/25/1998 8:16:00 PM
From: RRG  Respond to of 20681
 
TO ALL RE THE AGM:

More smoke than fire.
Mostly a "whimper"--not a "bang".
A half-assed effort to intiate a proxy fight which did not have a
chance in hell of succeeding.
From what I gather, not too much discussion about Ledoux.
Sid's law firm sends a 25 grand bill to Naxos for the legal work relative to the annual meeting. (This is pure speculation on my part).
Stock hovers near its historic low.
Everyone goes home.

I'm going to bed.

Bob Goldstein


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