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

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To: Larry Brubaker who wrote (5760)9/26/1998 2:09:00 AM
From: Larry Brubaker  Read Replies (3) of 11603
 
Today's quote on IPM is .001, according to Excite quotes.

If that price is accurate, and the merger with Maxam would value IPM at .04 per share, then Maxam would be paying a 3,900% premium above IPM's market value to merge with IPM.

What a great deal for Maxam shareholders!
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