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

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To: Richard Mazzarella who wrote (5949)	10/8/1998 8:17:00 PM
From: d:oug	Read Replies (3) of 11603

Richard, I think wl is in ipm after shock. wl is a dark forces high ranking officer and his next promotion to the coveted general rank is dependent on his next objective being accomplished, which is to put Maxam into chapter 11. He was promoted to bird colonel last June after he completed his assignment of putting IPM into chapter 11. But wl is kind of strung out recently on account of an ipmcf shareholders activism that may result in either IPM coming out of chapter 11 thru a solo debt payoff by IPM current shareholders if a rumored PP by Maxam does not happen. If no PP and solo for IPM to continue, then wl will loose his new rank and go back to lowely gold leaf lieutenant colonel and then try to get it back thru putting Maxam into chapter 11. But here is the situation that has wl on edge. If a PP with Maxam occures, then the phrase, "The whole is greater than the sum of the two parts." will all but seal wl's fate as a looser. If IPM comes back solo, then there might be a chance for wl to get the bird colonel back if he can sink Maxam. Another will be assigned to do another torpedo against IPM. There is a rumor that wl's twin brother is working on GPGI. Doug

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