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

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To: go4it who wrote (6838)12/13/1998 3:03:00 AM
From: d:oug  Read Replies (2) of 11603
 
<<< Kind of like the spin off shares of Maxam. >>>

I brought 5,000 mxam about 6 months ago, around 1/4 I think.
Thru a discount broker, nothing fancy, so I probably didn't get
the type you got thats causing you to wait. But then, if I did,
then maby some year or decade, something unexpected will pop on me.

My 5,000 has the important digit fourth to the left of decimal.
Richard's important place is probably 7 or 8 to the left.
No wonder Richard changed his "gonna be rich" to "gonna be very rich".

Using my knowledge of electricity, the short position in gold,
from an electrical stand point, maby the strong shorting is like
a high voltage against an insulation type barrier that will break
down over time, and thus have a short.

<<< ... if the Central Bank didn't rain on everyone's parade. >>>

But if they sell sell sell (rain rain rain), someday their supply will be drained.
The King Wears No Cloths, someone will shout.

(off topic)

voltage = amperes x ohms ?
watts = ?
A transformer (2 coils close to each other, with one hooked up
to an ac source), this is used to change 120 volts to lower for
like a telephone answering machine ? If so, then the energy
transfered must be equal, so if energy is measured with voltage
and current, then are the ratios of the coils used to determine
the new values ? If so, is it linear or is current squared ?
Inductance, if a straight gold wire, very cold, had near zero
ohms resistence, and then coiled next to another, the formula
to determine voltage and current is ? Might be some smoke and
mirrors or wacko stuff, if a-c voltage and current not in phase.

Doug
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