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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Alan Vennix who wrote (3219)12/1/1997 3:24:00 PM
From: Richard Mazzarella  Read Replies (3) of 11603
 
Alan, it's the story that Maxam now tells Rand that bothers me. The story about not being able to extract economically off-site. I can understand that they couldn't mine, ship, and then extract off-site economically, but to use the argument that the concentration wasn't suitable does concern me. We have been told all along that Maxam can produce concentrate with simple screening of 0.2+. If you can't leach that (placer gold), what does it take? You see my problem? The story is developing cracks IMO.
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