Maxam Gold Corp. OBB:MXAM Message Board

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

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To: R F B, Jr. who wrote (9769)	1/17/2003 10:55:04 AM
From: paunch13	Read Replies (1) of 11603

Raymond, Thank you, There are bids in on Mxam for several hundred thousand shares at .03 , so the MM's moved the ask up to .035 so they wouldn't have to sell any shares at .03. It seems they would rather hold the shares and wait for the price run up than to sell at this price. I would be willing to bet if one of the bids at .03 was raised to .035 that the MM's would sell as little as possible at .035 and then raise the ask to .04. John

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