Maxam Gold Corp. OBB:MXAM Message Board

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

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To: Richard Mazzarella who wrote (11017)	11/17/2006 10:12:31 AM
From: paunch13	Read Replies (1) of 11603

Richard, I spoke to Dick about why with all these shares being sold, about 2 million so far and the price stays at bid ask .04 by.041 and he said he has no idea why that is happening. He said in the past if there was maybe 30 to 50 thousand sold the MM'S would bring the price down fast and we should be at .01 with this many shares sold. You have any idea what is going on? Either the MM'S are filling their shorts, and the short program shows only 122,000 short on Mxam , or for some reason the MM'S want the shares but either way that sounds good for Mxam. John

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