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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Richard Mazzarella who wrote (9044)11/17/1999 9:50:00 PM
From: Richard Mazzarella  Read Replies (1) of 11603
 
I'm now a little less confused. The 1 for 2 (preferred for common) in maxamgold.com is an error. One share of preferred will be given for each share of common held 10/01/98.

ALSO of NOTE: Windstar shares are free trading and may be worth the large dollar value, my speculation. Windstar is merging with a private company, I do not know the details, but there are some clues in the Windstar SEC filings. If anyone knows the details, please post.

I also feel better about the Georgetown, Grand Cayman reference, I learned that the business environment there offers certain benefits for companies, it's that simple. The due dilly by the JV company will resource bank an area of desert dirt similar to other Maxam's holdings. Maxam gets the benefit of that effort to build its holding's credibility at no cost to itself. Maxam currently doesn't have the funds to conduct such an effort. It's win/win IMO.
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