Maxam Gold Corp. OBB:MXAM Message Board

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

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To: Paunch who wrote (8668)	6/23/1999 2:20:00 PM
From: Char	Read Replies (2) of 11603

Paunch Even at 15% this can end up being a pretty sweet deal for the lenders. 5M oz at a gold price of $250 will give them $187M in return and this doesn't include the PGM's. If gold doubles then their profit will double too. Somewhere I heard that it takes money to make money. <VBG> Char

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