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  
To: Richard Mazzarella who wrote (3221)12/1/1997 4:10:00 PM
From: GlobalMarine  Read Replies (1) of 11603
 
Richard: I called up Maxam again:

1) In 1996, the company couldn't mechanically concentrate the ore to a sufficient degree to make it profitable to ship and process off-site. I didn't ask if the reason was that the transport costs were too high and/or that the recovery process itself was too costly and/or some other reason.

2) The 1996 recovery method and 1998 recovery method are different. The 1996 method was basically targeting gold only; the 1998 method will target many metals. The 1996 recovery method would have worked if the ore had been mechanically concentrated enough.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News