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

To: Larry Macklin who wrote (17131)	12/10/1998 8:52:00 AM
From: BGM	Read Replies (1) \| Respond to of 20681

Larry: I have never said I was against the copper or other property idea as much as the method of financing it. If it had been presented to split two companies with shareholders owning each and investing in each, then it would have been fine. If the idea was to sell FL to finance it, then I was opposed. My main reason for being opposed was I had not (and have not) received any adequate explanation of past management actions. These included South America, Ledoux, progress on JL, the status of the pilot plant, and others. I know "rumor" explanations were provide, but none from management. We don't have to each restate our positions on those issues in more posts, but they are still there. My sole objective is resolution of FL. I hope events lead us in a positive direction. I hope management is able to do this. I hope they report on it properly. Brad Mertz