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

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To: Wild Rose who wrote (6142)10/16/1998 4:20:00 PM
From: Tim Hall  Read Replies (1) of 11603
 
elry,

<<Have you ever checked any of the dirt yourself?>>

Yes ma'am I have, two in NM and two in AZ. I didn't find anything in either place.

<<Why are so many land claims being made in the desert?>>

Why did you stake your's? Did you find anything from a reputable lab?

<<Maxam has been in operation for a while and so have others, why do THEY want to acquire MORE land.>>

That is a good question. They seem to struggle to prove to the BLM that there is anything on 5 acres.

<<If there was NOTHING there, why would they continue on, especially at the current share price. Is that a way to recoup monies?>>

If they can get the share price to go up. Remember, Maxam has yet to get their $10 run like IPM and Naxos. VBG (Richard, I threw that in just for you.)

Tim
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