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

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To: WLAVEL who wrote (5934)10/8/1998 8:08:00 AM
From: Richard Mazzarella  Read Replies (2) of 11603
 
WL, the "bucket" I was referring to was Maxam's internal test were they found good metal concentrations near the drill hole (see the AGM tape). The COC of fire assay nil was consistent with the bulk test results. Hard to get metals from ore without metal, the COC leach testing had instrumentation problems. Runyon says that the bulk test was on the worst possible location. You either believe him or you don't.

The Maxam desert dirt ore always shows higher leach recovery than fire assay based on experimental result.

<<You guys level with everyone and play a little hardball with MAXAM and you just might get them moving toward something positive>> You can do your due dilly any way you want. What makes you think I have any responsibility to direct Maxam or educate you? Maxam management is running the operation not us, we either invest or not. Giving us responsibility or authority not ours is ridiculous.
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