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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: TATRADER who started this subject12/14/2002 3:34:53 PM
From: Richard Mazzarella  Read Replies (3) of 59879
 
Hi Mark, do you remember the desert dirts? With gold heating up, MXAM may be a good percentage play IMO.

Maxam's CEO just issued a Chairman's message that you may find interesting, see:
maxamgold.com .

MXAM is currently trading at $0.02, yes 2 cents, and I know the market doesn't appreciate the potential here. They don't understand. Maxam has recently been working with electric power companies to help in their cleanup of heavy metals in their flyash (use Maxam's recovery technology). What isn't known or understood is that flyash is very rich in the very useful and valuable element Scandium. Coal is even considered a raw ore for Scandium, not that the power companies care. There are also other valuable elements recovered.

IMO Maxam is way way oversold and will appreciate multiples as this information becomes more widely understood.

Also, increased gold prices can't hurt for their main interests, mining the deserts.

IMO this is a gizzard in spades.
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