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 (6075)	10/13/1998 10:00:00 PM
From: Richard Mazzarella	Read Replies (1) of 11603

Charles, <<regardless of anything he will prove it doesn't work>> I don't think that's true. If Maxam shows valid data to support its claims, Zeev may even buy the stock. <<Who is going to be investing>> Those that speculate they will have a good profit for their investment. Most of any speculative stock's move is in the time of speculation. When X number of oz gold are banked in a valid reserve, the stock will already be fully valued for that reserve. The move can occur very quickly when it does happen. My guess is that the serious move for Maxam will occur as good COC results are reported. It will fly on funding and the project management to build the mine by Kilborn, then the funds come in. <<Who is going to be investing>> Some of the same funds that invested in IPM and maybe more. If Maxam merges with IPM, some funds will own MXAM that now own IPMCF, a pleasant thought. <<Perhaps the POG>> That would only occur IMO after all the more conventional juniors and majors are fully valued. I don't think POG is much of an issue.

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