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

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To: Richard Mazzarella who wrote (4405)5/18/1998 10:40:00 PM
From: go4it  Read Replies (2) of 11603
 
Richard, You can completely discount the assays if you want but if you could have seen the disposition of the mineralization in the overheads that were presented I think you would not be so quick to discount what had happened. I believe that they hit a hot spot of Iridium that messed things up with the FA. Although the numbers presented were not valid for FA they were valid numbers for recovery. Those are the numbers that I am looking for.

It is my opinion that with the current market sentiment that Mxam, GPGI or anyone else for that matter could provide a 100 opt of gold in a COC and the market would still yawn.

The chemistry may be different but I bet that GPGI ore would work very well running through the Hewlette process and I believe that the reason that the GPGI ore is so much higher in quantity than the rest of the dirts is because of the screening that has already been done on the ore pile. Yes, Maybe they should talk.

It is my understanding that the COC was performed on a combination of 5 selected areas that were mixed together. I don't know if these were virgin areas or not but if they were then perhaps they experienced the Iridium for the first time.

I do believe that we all have plenty of time to accumulate shares if that is our wish. I don't think Mxam is going to go to the moon in the very near future but it may over time. I have not yet told you about the forward looking statements that were made.
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