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

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To: Char who wrote (8421)5/18/1999 9:06:00 AM
From: Richard Mazzarella  Read Replies (4) of 11603
 
Char, <<don't believe any of Richard Hewlett's resource calculations>> I wouldn't expect him to, he only understands drilling, drilling, drilling. Also, last year the change in BLM rules and their interpretation of Hewlett's work screwed things up. I truly believe that if Maxam had the cash last year, the BLM would have found itself in court with Maxam winning easily. Hewlett is a leading authority on resource determination, read his resume. That local BLM office leaves a lot to be desired. I'm not sure that COC is even an issue anymore for Maxam, I'm reading that into your reported comments on what Runyon told the meeting.
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