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

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To: Richard Mazzarella who wrote (8295)5/13/1999 4:30:00 PM
From: Ed Devlin  Read Replies (1) of 11603
 
Nice either way, Richard. I must admit, though, that the thought of some particular MMs hanging, drying in the desert sun, shrivelling, is even nicer than that of a short covering rally. Maybe we could have both?

I've read some minor carping about the Maxam financing, especially that it is a heavy load on future earnings. But it strikes me that the benefits of the way Dale did this hugely outweigh the problems. After all, did folks think he would get financing for free? As a stockholder, I am delighted at the way it is going for Maxam. Any other DD should have it so good...

Regards, Ed D.
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