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

To: Paul Salber who wrote (18785)	4/27/1999 10:59:00 PM
From: Henry Volquardsen	Respond to of 20681

Did Fr Gregory tell you he planned to do so ? He hasn't told us anything plans to do. That is other then put people associated with Jimmy John on his proposed slate of directors. That and the support he is receiving from Mr John is enough, imo, to be cautious regarding his efforts. There is a great deal of hatred many people out there have for anything to do with the MGAU process. Don't try and spin the responses. There has been no hatred expressed towards MGAU. What has been consistently expressed by a number of posters is distrust of J/L. There is a difference between distrust and hatred. I see no reason anyone would not look at the process again while insisting on 3rd party verification. No one is refusing to look at the process again with 3rd party verification. But remember what J/L was demanding of Naxos, a major equity stake in Naxos before third party verification. No one refuses to pay J/L and pay them handsomely. But let them prove their process first with third party verification and then get paid. They refused this path.

To: Paul Salber who wrote (18785)	4/28/1999 9:05:00 AM
From: Tom Frederick	Respond to of 20681

Mr. Salber, Please, give me a break. "Fear...Hatred...Ingnorance". You sound like we are talking about the struggle against apartheid. We're talking about money and people being hurt in the wallet by hype, by overstating the case, etc.. Why would Father Gregory want a meeting just a few weeks BEFORE a scheduled meeting, BEFORE the pilot plant announces results, with the specific intention of throwing out the current board? Because they wanted to push ahead with all of their plans? Not likely. Can you give me a good reason for this "special meeting"? Can you find, in any of their communications, an explanation of what their direction may be? It is common knowledge that Father Gregory is supported by and friends with Jimmy John and Matt Walters. Father Gregory is not a mining expert, not a metalurgist,etc. So what direction would he and the dissidents want to take now that J/L appears to have had some success with MGAU? Some brand NEW direction, not yet tried and as of yet not identified? You and I won't agree on what I and many others see as very simple logic and common sense. But please give this "hatred" stuff a rest. It's a damn investment, nothing more, nothing less. If it blows up tomorrow, so be it. We live to see another day, we all go our separate ways, and life goes on. Tom F.