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

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To: Larry Brubaker who wrote (6167)10/19/1998 3:16:00 AM
From: GlobalMarine  Read Replies (1) of 11603
 
<<Case in point is Maxam's fall from 75 cents. >>

You explained the background very well, Larry. With 20/20 hindsight now, I'm not surprised by the failed promises. And I wouldn't be surprised either if the company eventually declares victory and folds, the various players having already made their money but will keep up appearances for an indefinite period to help prevent a class-action lawsuit.
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