Maxam Gold Corp. OBB:MXAM Message Board

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

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To: Richard Mazzarella who wrote (5424)	8/23/1998 8:43:00 PM
From: GlobalMarine	Read Replies (1) of 11603

Richard: Do yourself a favor and quit the bloody whining about me asking you questions, for I rarely ask an actual question of you. When I pose a question, it's mostly a rhetorical device to point out what I feel IMO may be bad decisions management has made. For instance, why is the company spending more money on geophysics on 20 ft auger holes when it must concentrate on recovery to move forward? Why didn't the company take the COC sample from an RC drill hole location with known gold values from fire assays instead of making life difficult by compositing four samples from an untested area and finding out afterwards that there is no gold? Why did the company spend all its money on building the front end of the mine when money wasn't in the bank to buold the leaching and ion exchange ends? Why is the company performing 20 pound leach experiments with activated charcoal when the recovery process is supposed to work unless the recovery process is not known to work yet? I'm not asking you questions, Richard, so don't flatter yourself. I can only count on you being bullish no matter how dire the situation the company faces.

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