Maxam Gold Corp. OBB:MXAM Message Board

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

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To: HungryLion who wrote (3243)	12/1/1997 11:49:00 PM
From: Richard Mazzarella	Read Replies (2) of 11603

Kitty, you better change your litter. I'm not about to do due dilly for you on your Eldorado (ELD), but the little I did see is interesting and explains the stock decline. It has been costing ELD $359/oz to mine. They are forward selling to year 2002 at $373/oz and lost $0.22/share for the last 9 months. Foreign adventure mines are not in favor since Bre-X. Since I don't see any way they can make money on their dirt for years with the price of gold falling, it's sure to be a dog stock. Hope you shorted it. Now, go back and reread the projected cost that Maxam is claiming. Big difference! I hope you will put in at least as much due dilly in Maxam as I did in ELD, five minutes. Maybe you will change your litter and buy some MXAM?

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