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

To: J.L. who wrote (8730)	7/8/1999 7:29:00 AM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 11603

JL, <<thumbnail sketch of where things>> We are waiting on news for the first mine funding. Mr. Runyon said we should know details around July 1st. Therefore I expect some kind of update any day now. Actually there are a few funding activities going on, Dale wants to start a few mines in parallel. The current funding activity (as announced in the PR) is just for the first mine. The way gold price has been going, we may have to call gold dirt pretty soon, the desert dirt dirts. <VBG>