Maxam Gold Corp. OBB:MXAM Message Board

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

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To: Chuca Marsh who wrote (9456)	3/23/2000 10:30:00 AM
From: R F B, Jr.	Read Replies (1) of 11603

chuca: heard from dale yesterday re: jeru's questions...here are his replies.... jeru: heard back from the company yesterday.... 1.>...COC money has been allocated to complete the one COC program of drilling by reverse circulation. Completion has been targeted for a date prior to the Maxam AGM of 4-28-00. The bulk test COC is in its 3rd phase which is expected to be the final phase and they are pushing for completion prior to the AGM 2.>...Maxam is still using Hewlett as their prime in-house consultant. If any reports need to be published that require a registered geologist they will address that at that time. 3.>...The dividends will be distributed with the official notice of the AGM...target date of 1st week in April. 4.>...The assumption to this question is not correct. The independant labs that we have used and use are listed on our web site. 5.>...Maxam was delisted because adequate funds were not available soon enough to pay auditors and legal. Funds are now available and the auditors and legal are working to prepare the necessary paper work for filing. 6.>...No shares of Maxam have been sold in recent years by any Directors or affiliates. 7.>...The proposed "merger" was not completed because it did not meet the Maxam Board's criteria for an acquisition. 8.>...No comment at this time. 9.>...Maxam has never promised a mine would be in production on any specific date. Any forecast is always based on assumptions that certain things will be accomplished. Read the "Safe Harbor Statement". 10.>...The estimated cost of preparation for filing is $100,000.00 (one hundred thousand dollars). 11.>...The filing will occur when the auditors and legal finish the paper work. ___________________________________________________________ there are your answers...now tell me what is your agenda and why are you so hell bent on bad mouthing this company? thanks in advance... rfb

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