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

To: Char who wrote (8724)	7/1/1999 10:33:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 11603

Char, when I talked last to Dale I told him that the stock should be over $1 since the funding announcement, but I understood the market's reluctance. I said that the market was very skeptical because we see many penny stocks announce entering of financing agreements to then just see financing fail for some reason. Pump and dump pennies seem to do that a good deal. It's been a long time since Maxam has delivered on promise, it will take time to build credibility again. Real money in the Bank should be a good start for the market IMO. Followed by some good assays that confirm the previous results may also be necessary to overcome the recovery and COC goofs.