Maxam Gold Corp. OBB:MXAM Message Board

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

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To: Ron who wrote (3254)	12/2/1997 9:44:00 AM
From: Richard Mazzarella	Read Replies (1) of 11603

I'm confused. Can anyone tell me the significance of the numbers under the heading TROY OUNCES/TON MAGNETIC FRACTION (PPB). Are those numbers Ounces represented in parts per billion (billionth of an ounce)? Or are they PPB (part per billion) head ore? Why report negative numbers (there can't be less than nothing, 0)? I think I understand the leach results to suggest that there is twice (2 times) Au (gold) leached as the assay shows. Therefore we can speculate that Maxam will produce twice the amount of gold than the assays have shown for proven and probable.

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