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

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To: Larry Brubaker who wrote (3234)12/1/1997 9:10:00 PM
From: Alan Vennix  Read Replies (1) of 11603
 
Larry, Taylor doesn't have any "inside info". The PR issued by Maxam on Nov 25 stated:

"Hewlett Mineral Management further reports the indicated ore reserves in these High Grade Ore zones to be 1,453,221 tons, using the grade of .346 Troy ounces Gold/ton head ore. Production cost of Gold in THE HIGHER GRADE ORE ZONES ONLY is projected at $21.68 per Troy ounce."

Alan
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