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

To: ijre who wrote (10798)	7/12/2006 11:40:53 PM
From: siwash	Read Replies (2) \| Respond to of 11603

This is what I know: the process works 100% of the time. [Based on the following factors: size of the screening, composition of the "dirt", and volume.] Three ounces of gold per ton of ore was profitable in early 1980s. With the "Hewlet system" it is even more profitable. As for the gold claims; they are good and always have been. Besides capital, the problem has always been fighting the BLM Bureaucracy. As for your statement "I still do not understand why they tried to pump the stock without any real follow up." I can not speak for Dick Steeves or Maxam. I have never understood the timing of the releases (even when I was related). I do not think Maxam ever tries to "pump up the stock" That always seems to happen when a 'new partner' comes in (ie when that newsletter started "watching" maxamgold). Do remember this is a penny stock. It should be one tenth of one percent of one's investment. Those who bought, when it went to three dollars, should have already taken the loss. It has now been ten years since then and to truely break even (including inflation) means the stock would have to reach $6. We might see $3-5 dollars in the next 12 months but for either the gold or the flyash process to cause $6 + A large deep pocketed partner will have to appear. This is all my opinion.