SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ed Devlin who wrote (8807)7/27/1999 12:39:00 PM
From: Richard Mazzarella  Read Replies (2) of 11603
 
Ed, <<possibly consciousness>> Me too. <VBG> Yep, the 30MM deal is still on the table until 8/15. If it doesn't go Dale wants to quickly get the collateral back to use elsewhere. The PGMs are drawing a lot of attention, people aren't juiced about gold, but there is considerable interest in PGMs. We already have some hints from what Dale said in his shareholder message, but I think that people should be very impressed with the magnitude of sample size and the quality of the house doing the work. I questioned Dale considerably about the PGMs since I was concerned that this was a change in direction for Maxam and PGMs are too tough a nut to crack so early on. Dale insists that this is simply a continuation, gold will be recovered with other precious materials, but the current major financial interests (funding) is in the PGMs. He also insists that metal recovery (Hewlett's) has been proved for Au, Ag, and PGMS + other cat and dogs (rare earths). He still insists that the recovery cost reported previously is valid, he even says that he was being conservative. Someday Maxam will prove what it says, then a long line can form at the rear and pay a goodly premium for a piece of the action. I'm just happy I can get in for so little now.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News