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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM

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To: Richard Mazzarella who wrote (5380)8/19/1998 8:16:00 PM
From: d:oug   of 11603
 
Richard, with the following clips from your posts today, seems like Mr. Runyon has
made costly mistakes in the recent past. Are you aware of any program or method
started by the Maxam Company that will safeguard the current shareholders value,
or do the shareholders on this thread simply let Mr. Runyon do anything his wants with
no concern for shareholder value. Seems that even tho he holds a majority in numbers
of shares, my impression is that he is more concerned with doing what he wants to do,
as if he owns the company and its his money only. Seems that even tho he owns a
great number of mxam shares, that as someone posted awhile back ".. he has done
very well in providing for his family...", which means that he has more than enough money
in the "bank" such that if he lost out on mxam, he's ok money wise. Which means he
is willing to gamble with other shareholders money, and if lost, no problem to his money
worries, and as for shareholders money problems, he is not connected to this angle.
Many have said Mr. Runyon is a very nice man, but to who, hmself, family and friends.
How about to those that he has control of their money.
<< ..I was concerned about Maxam's loss of focus when they began all the
custom milling and other sidetracks and said so on this thread...
...has demonstrated to Maxam the hazard of drifting off its
primary path, that's good....>>
<<...economic extraction technology will start the proper
speculation soon I'm sure. We just need a few checks on a consistent
basis to get things moving...>>
In my option and the stock price, "need a few checks" is not enought. I am sure that
many of those on this thread are in a job position that you directly or indirectly
superviser other persons. Persons, that if performed as Mr. Runyon has, would be put
into a probation program inside your company. Like on their performance review, they
would obtain a score of "needs improvement". Ever been on one of these ? I'am sure
you have not. Even see a person on one ?
from my ipmcf post www2.techstocks.com
Doug
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