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

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To: d:oug who wrote (6872)12/16/1998 8:30:00 AM
From: Richard Mazzarella  Read Replies (1) of 11603
 
Doug, <<anything you spoke to Dale>> Let me assure you that Runyon is much much better than most penny CEOs understanding what is insider information and not divulging. Many the time I have asked a question from him and he says "sorry Richard, but that would be inside information" and then he answers broadly only based on what is public knowledge. IMO Chuca, Paunch and I expect drilling very soon based on the company's last press release and Runyon's comment to us about not telling us the date because he doesn't want ANYONE interfering with the COC drilling. I sometimes get the feeling that investors think that investors that call the company often somehow know more than those that don't. Concerning Maxam, that may be true for a more complete understanding about information already public, but not for anything more than that. It also lets one measure the credibility, honesty, of management, but even there I have been snookered in the past by other CEOs. I assure you that you can call more often than me if you choose, Dale would be happy to talk to you I'm sure. I actually find calling management a weakness of mine since I add "nice honest guy" to my investment equation which is always a mistake investing.
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