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

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To: go4it who wrote (5961)10/9/1998 11:46:00 AM
From: WLAVEL  Read Replies (2) of 11603
 
Hi,

Have mined black sands for many years.. Have dredged with 2, 4,6 and 8 inch dredges...Have dry washed in desert most of my adult years...Black sand concentrates can be very valuable and in all mining operations are never overlooked.

Now if MAXAM had previously mentioned that they were exploring areas of high concentrations of black sand the whole operation would have a lot better chance of succeeding instead of saying that the entire area was just loaded with gold and the proven ore reserves
are predicated on our drilling and testing..They more or less led
people to believe that there was conformity just about all over the place..

Yes, black sands are good , this is where the heavy material is and
most likely is the best place to mine...Someone should have told
MAXAM that in the first place..

WL.

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