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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: d:oug who wrote (7803)3/23/1999 9:09:00 AM
From: Richard Mazzarella  Read Replies (1) of 11603
 
Doug, I think that both IPM and Maxam had similar dirt. The difference is that Maxam knows about assay, mapping, and paleo-channels, IPM didn't and had COCs on sparse ore (much like Maxam's one and only large recovery test). There of course were many other problems at IPM, management decisions, etc.. We've discussed those issues many times before, no point repeating it again. Nature is doing it's best to hide the potential from miners. Proof being that most majors don't currently find interest in the dirts. At least not YET!! That will change, and change soon IMO.

PS, please remember my caution to everyone. These are speculative stocks where investors should be prepared to lose all their money. The risk/reward works both ways. Whining is never allowed. <VBG>
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