Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM -- Ignore unavailable to you. Want to Upgrade?

To: Paunch who wrote (8576)	6/6/1999 9:57:00 PM
From: Richard Mazzarella	Read Replies (3) \| Respond to of 11603

Paunch, you may have had it right the first time, per ton. The gold appears to be in the fines. The lower values of gold on these recent assays shows the loss from the fines blown away during the Becker drilling. Concentration consists of simply washing the ore over a sieve, a very low cost process. We know from past work that Maxam can cheaply concentrate the ore an easy 4/1 by screening with water, then drying and milling. If Global can call their concentrate screened head ore maybe Maxam should also? The OPT numbers will then be very large.