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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM
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To: Paunch who wrote (8147)5/5/1999 3:05:00 PM
From: Alan Vennix  Read Replies (1) of 11603
 
Paunch,

In the face of 27,000 shares sold, the MM's have kept the bid at 0.11, which is a bit surprising. With nobody buying, the MM with inventory evidently wants to generate some trading and has lowered his ask to 0.13. Where's Richard?<VBG>

You say it will be another 5 weeks or so until we have more assay results. Why the delay? Shouldn't the assays on the other 8 wells be ready about now? Or were you referring to the "reassays" of the 2 wells reported earlier?

Alan
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