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

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To: R F B, Jr. who wrote (8815)8/1/1999 9:10:00 AM
From: Richard Mazzarella  Read Replies (1) of 11603
 
Ray, <<If 1999 is not our year...believe-ability issues will kill mxam.>> I tend to agree, there has been just too much disappointment lately. Maxam went from not doing anything wrong to seemingly not doing anything right. There are reasonable excuses, but excuses none the less. Talking to Runyon you would think there wasn't a problem in the world, he wants to fund multiple mines, says that he's too old to wait for sequential development. I'm old too, but just one mine for credibility would do wonders for shareholder value. I don't need the whole cake, a piece or two soon would really be nice.
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