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

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To: Larry Brubaker who wrote (6343)10/31/1998 1:25:00 PM
From: Richard Mazzarella  Read Replies (1) of 11603
 
Larry, sorry for my overreaction, but I didn't see the <g> or <VBG> so I assumed the worst. The thread negativism is catching. <VBG> <<worst place on the property>> I don't think that Maxam ever used the paleo-channel mapping for decision making before, just the drill holes and some of Hewlett's contour mapping based on hole and trenching results. What is very interesting is that the area where Maxam results were poor is at drill hole A-5, right in the red/yellow of the map, bad. What is also enlightening is that previous Hewlett mappings don't necessarily agree with the new technology. I don't know if that's good or bad, but it could help explain some of the past inconsistencies. The 10 hole COC test to be drilled this month will demonstrate the value for the new technology, I cant wait for the results because that could be a key to low cost evaluation of the potential of the other Maxam properties. I view this as potentially seminal for future desert dirt mining, Chuca's new-tech.
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