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 (7968)	4/15/1999 6:46:00 PM
From: Richard Mazzarella	Read Replies (2) of 11603

Paunch, <<numbers were lower>> The PGMs were considerably larger than I expected. We have to give Runyon credit, he said that he would release information as available. They could have just sat on these results until they got all the "i"s dotted and the "t"s crossed. There sure is something screwy about gold assays where PGMs exist. If today's reported result holds I can speculate about a 4/1 screening concentration, the screened ore going into the process would then be 0.6 OPT, not bad at all. It may also may be easier for the market to accept more reasonable numbers than monster gold values which we expected. Monster numbers almost always create doubt. Having said that, I would still like to see monster gold values. <VBG>

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