Maxam Gold Corp. OBB:MXAM Message Board

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

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To: Larry Brubaker who wrote (5761)	9/26/1998 8:24:00 AM
From: Richard Mazzarella	Read Replies (1) of 11603

Larry, <<Today's quote on IPM is .001>> Bid or ask? One thing that I know for sure is that if nobody picks up IPM, my shares of IPM become worthless. I have always believed the strategic value for the desert dirts was in their property holdings, a 50+% increase in Maxam's holdings for minimal cost makes sense IMO. As technology unlocks desert dirt value, it's the holdings that will reward shareholders. Runyon told me that IPM has very good dirt, that's partly why I bought IPM stock in the first place. Enhancing MXAM shareholder book value for so little looks pretty good to me. Even the $0.10/share price is now below the current MXAM bid. If someone was trying to overnight sell IPM stock I would be concerned, but MXAM? I buy that regularly on the open market.

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