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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Richard Mazzarella who wrote (6770)12/4/1998 11:58:00 AM
From: Jon Matz  Read Replies (1) of 11603
 
Thanks for the explanations, I didn't realize before how easy it would be to avoid chemical patent restrictions. Just another large part of my ignorance of the issues.

If the company has financial constraints, why spend more money on exploration, when they've already defined a highly profitable mine and the only thing apparently holding up production is the financing that can only come from a unchallengeable COC? Is there a time line for the COC?

Thanks, Jon
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