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

To: siwash who wrote (10634)6/1/2006 7:01:36 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 11603
 
Hi siwash, yes, I remember also being a short lived Maxam holding multimillionaire, a rush. However, I also remember IPMCF being $10/share. So much for the past, investing is about the future.

IMO there is something very seriously wrong in a company when a stock gets broken to $0.02. There's trouble here.

I was able today to buy 20k shares of MXAM at the bid. MMs almost never sell shares at the bid. Only when they need to dump their inventory does that happen. Now what's your guess on why they need to lighten their inventory?

Regards,
Richard



To: siwash who wrote (10634)6/1/2006 8:23:24 PM
From: paunch13  Read Replies (1) | Respond to of 11603
 
siwash,
This flyasy is very large and it is just a matter a time before they get it all together. I don't know what the holdup is but when it happens it is going to go fast. $ 3.00 is a good round figure VBG.

John


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