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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: cprecher who wrote (11366)1/14/2008 2:52:43 PM
From: d:oug   of 11603
 
re: "Could it be that even they do not want to throw more money into a sunken ship?"

If my speculation that a "pump & dump" has been initiated by those that created "upcoming assay results"
is correct, then if so they have no option but to continue to prime that "pump" until the public reads
of connection to this company of gold in the ground, thereby creating a feeding frenzy for MXAM.

Now we all here know that the oceans of planet Earth contain more gold in solution than all that
have been mined in recored history, but no cost effective extraction process is yet developed,
just as Maxam has none to extract its desert dirt gold.

So imagine having a million or multiple millions of MXAM with average of low pennies and reaching
that opinion of mine based on the facts observed that those in charge of Maxam have placed it onto
a path for bankruptcy and no matter if an average holding MXAM is dollars or even one cents,
all is lost. But if one holds a very low average like one cents then all that is needed to recovery,
and even make a profit of this company with direction to worthlessness is a pump & dump.

Thus my opinion of recent small money of those that created "upcoming assay results" to create
a quick "gold news item" along side current $900 pog.

We know a "pump & dump" combined with knowing MXAM will eventually become worthless is....
... quite a lie delivered to the public (aka) sucker punch

(from) Message 24049583
From: d:oug

No accountability from Maxam spells DANGER.

Maxam Gold will NOT issue a press release to alert shareholders
to status contained in Press Releases of 2006.

The action of President Richard Steeves to keep shareholders in the dark
for what transpired at Maxam in the past 18 months has conclusion of a
cover-up of his incompetence, or being engaged in criminal activity.

If true, this has consequence of Maxam being put into a damaged state
and any contact with Maxam to obtain status will result in deception and
lies being served to the caller as company status.

Doug
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