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


To: Richard Mazzarella who wrote (9047)11/18/1999 7:07:00 AM
From: bconard  Read Replies (1) | Respond to of 11603
 
Richard,

I don't know about go4it, but I saw the $4 Ask and about fell off of my chair!

I agree with you about this sale being good for us. We don't know many of the details yet, but I can't see Dale letting go of P South without getting a good deal. The NR says that it is a 'Sale' for CASH (not stock) plus a royalty from future production. Could he have gotten enough cash to bring P7 on-line without the other funding???

I've been speculating lately, so here is another one. We are getting the WindStar dividends (they are in the mail), but not the MAXAM dividend shares. Could WindStar be involved in this deal also? Could Sigma be buying WindStar and then having WindStar buy the Peoria South property interest? I don't know if there would be any advantage for them to do this, but there must be something going on that we (us common people) don't know about. WindStar sat at 1/32 for months and now in 3 days it has jumped to $2.

Oh well, time will tell. And I sure have more time than money. :<)

Bob