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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Larry Brubaker who wrote (3191)11/30/1997 8:55:00 AM
From: Richard Mazzarella  Read Replies (2) of 11603
 
Larry, I see that Maxam has updated its webpage maxamgold.com The color contour map is now available maxamgold.com . It's very interesting indeed. No homogenous dirt there for sure. However, the company now has the technology to go after the high grade ore much like rock miners following veins. Looking at that map, I can now understand the "average" 0.055 OPT reported for the property before. As new drilling confirms this technique, Maxam should be able to save lots of money optimally working its property. As much as I don't want to say it, this map does give plausibility to Ron Struthers conjecture that IPM missed the "good stuff" in its COC. As Robert, or whoever his real name is, said a year ago, the dirt's may truly be mining technology plays. The last Maxam release is much more significant than I first thought.
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