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

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To: Ricary who wrote (11400)2/1/2008 3:51:58 PM
From: d:oug  Read Replies (1) of 11603
 
Lacking specifics I can only speculate into your post of:

Message #11400 from Ricary
"John is in the middle of negotiations [with Maxam Gold Corp] and will..."

ok,
John is giving Maxam more cash in exchange for shares, far below one cents per MXAM,
meaning that John and a very few "insiders" constitute 1% of shareholders, but hold 90%
of MXAM common shares, meaning they control a "yes" vote to changes that will render
worthless the common shares held by most all shareholders.

As Donald Trump says:

"Nothing personal, its just business (aka) Follow the Money [into] My Pocket."

Doug
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