Maxam Gold Corp. OBB:MXAM Message Board

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

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To: go4it who wrote (6016)	10/11/1998 8:48:00 PM
From: GlobalMarine	Read Replies (2) of 11603

<<I still believe that Maxam is currently the desert dirts best prospect for success but I want to see them give us all something to believe in and a reason for feeling this way.>> What I'd like to see is just one good COC bulk recovery process test (involving hundreds of pounds) to show everyone that recovery is indeed possible. If the 600 pound pilot plant failed because the COC ore was bad, why not simply get a 600 pound sample from a known gold-bearing zone, fire assay it to ensure there is in fact good gold values, and then run it through the pilot plant and report the results. If the pilot plant works, the recovery results would be good, and we'd be in business. But until that happens, there will continue to be endless speculation and uncertainty as to whether the recovery process works and it'll be reflected in a poor stock price.

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