SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: d:oug11/8/2007 9:42:12 PM
  Read Replies (1) of 11603
 
Gold, gold, everywhere. Nor any oz to sell.

Lets examine the past 20 years of history of Maxam's desert dirt.

Does it contain gold was answered many times as yes, yet today another
examination of the dirt to see if it does is being done.

But thats the easy part of the equation to mine gold and sell for cash,
so lets assume that Maxam's dirt does contain gold in huge amounts.

Now the hard part of Maxam's 20 years of history, the extraction.

Seems the gold is in a state that traditional methods don't work,
for if they did the extraction from easy to access desert dirt
would make for a quick and easy procedure to deliver the gold,
especially comparied to sites that do produce gold where major
structures at great cost are needed.

So here is what Maxam's 20 year history is really about: extraction

Since direct acid leaching for gold extraction does not work on Maxam's soil
Maxam needed to developed a new process to successfully extract the gold.

Seems Maxam was successful.

But my investigation leads to a conclusion that Xcentia now has ownership
of the extraction process technology initially developed by Maxam.

The total lack of updates to the 2006 press releases of Maxam also leads
one to conclude that Xcentia was not able to extend the advancement of
this process to allow Maxam to extract the gold in its soil.

So its seems even if the current test for gold in Maxam's soil is positive,
that extraction process is not available to Maxam to deliver the gold.

Water, water, everywhere,
Nor any drop to drink.
The Rime of the Ancient Mariner
From Wikipedia, the free encyclopedia
en.wikipedia.org

Doug
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News