Maxam Gold Corp. OBB:MXAM Message Board

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

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To: Bruce McGaughey who wrote (5574)	9/2/1998 9:24:00 PM
From: Larry Brubaker	Read Replies (2) of 11603

<<You run a couple of "batches" through the process, collect the resin columns, send them to a refiner, the refiner sends you a check, you put the check into the bank.>> Bruce, unfortunately, it does not appear that Maxam has any facility to do such a thing. Since they didn't "allocate funds to upgrade" the recently completed pilot plant, and since they are now apparently pursuing the $5 million MCM facility instead, it would seem they would need $5 million in order to run a couple of batches through the process.

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