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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Chuca Marsh who wrote (9016)11/4/1999 12:44:00 PM
From: Richard Mazzarella  Read Replies (2) of 11603
 
Chuca, IMO some including myself are getting some pretty cheap MXAM. I talked to Dale today and learned a few new things. Maxam is installing a new trailer at the mine site for additional laboratory space. They are also installing vats, filter system, and other equipment to do 200-300 lb. batch leaches. I guess that the new equipment is for larger batch testing their new pure precious metal precipitation process. Irrespective of the doom and gloomers forecasts, Maxam continues it's development work on metal recovery. Maxam will be fully reporting and those expecting their preferred shares and dividends will get them. The original funding offer is still active and progress is being made. Dale said to me: "that source of funding is more than a possibility, it's a probability". I asked if I could quote him on this thread, he said yes.
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