Maxam Gold Corp. OBB:MXAM Message Board

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

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To: Paunch who wrote (6426)	11/5/1998 5:06:00 PM
From: Richard Mazzarella	Read Replies (1) of 11603

Paunch, I just talked to Mr. Runyon, no problems at the company. <<buying at the lesser price>> I picked up another 20k shares at these bargain prices. I got some clarification on a few issues that have been misunderstood. The dividends will issue, but it could still take a few months to complete all the details. I understand that MCM Custom Milling was just registered today in AZ, lots of lawyers and paperwork to complete before we get shares. The drilling limit of 20 ft. on the 10 hole COC is only because of the mapping technology limitations on depth. We know from previous assays from conventional drilling at Peoria that there is useful ore to 99 ft, probably more even deeper. The COC 20 ft. limit is only a starting point for technology verification and planning for the 200 acre COC drill program for bankable reserves.

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