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

To: Rick Nazaruk who wrote (15884)	8/26/1998 8:48:00 PM
From: GlobalMarine	Respond to of 20681

Rick: Today's shareholder letter contained the usual lawyerly BS language. It appears the plan is this: 1) Spin off FL into its own company. 2) Naxos will go into the hard rock mining business. IMO, the recurring theme throughout the letter is that management HATES FL and wants nothing to do with it. However, that the stock price has increased somewhat over the past little while suggests that the plan may have some merit in enhancing shareholder value, and enhancing shareholder value is the only thing I'd ever vote for. Since many Naxonians on this thread talk to management and other informed parties, any opinions would be appreciated.

To: Rick Nazaruk who wrote (15884)	8/27/1998 12:44:00 AM
From: citydi	Read Replies (3) \| Respond to of 20681

Dear Rick, What shareholder release? Can someone tell me where it is or what it says? City