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

To: DESERTDIRT who wrote (11251)10/31/2007 6:18:18 PM
From: d:oug  Respond to of 11603
 
To: Why don't you send an E-Mail to Maxam for info on Xcentia

The answer is clearly simple:

1. It is a worthless collect of data.
2. Allows Maxam to give out un-official "feel-good" status.
3. The "feel-good" info is posted here as if Maxam spoke it.

This type of activity is a ploy by Maxam to satisfy a desire by shareholders
to know about Maxam, but history these past twenty (20) years demostrate it
to be mushroom feed (keep them in the dark & feed them dung).

The September 2007 Maxam press release has no updated information on the prior
two press releases in March and April of 2006 that contained substantial and very
important activity to determine if Maxam is worthless to shareholders, or not.

It can be speculated that the September 2007 press release came only because
a few shareholders sent money to Maxam to generate an ore report that did not,
and would not exist. This type of opinion implies that something very wrong is with
Maxam Gold, such that the officers of Maxam do not want shareholders to know
the activity they have run Maxam with for the past 18 months. Speculation on
the purpose of the new money to conduct ore testing can also generate an opinion
that this new money could be a pump-and-dump attempt by these folks to rescue
the money they put in MXAM shares in the past, for it has been facts of history
like the Bre-X scandal where the tested ore was salted to show good results.

Its does seem clean and less of speculation that something is very wrong here
for Maxam to refuse to update the news releases of March and April of 2006,
and only put out a news release void of updated status of the prior two because
of the new money sent to them to generate an unscheduled ore test.

As to the claims that Maxam didn't have the cash to further or complete prior
ore testing or research on the fly ash process, if true does not account for
Maxam's unwilling to put out a news release stating such with options that could
generate cash for Maxam to complete promising activity to generate revenue.

Nope, the silence speaks of a cover-up of incompetence or criminal activity.

Its possible the officers of Maxam could sabotage the ore testing now started
if their agenda these 18 months has been to cause Maxam to fail into bankrupcy
so that a plan to take ownership of Maxam and its wealth is criminally executed.

Once again, new money is on a "Fools Errand" since it knows not the status of:
Press releases of March and April of 2006
--------------------------------------------------------
Update on the commercialization of the Xcentia/Maxam process.
... became fully operational on November 30, 2005
... successful extraction test sequences on representative coal ash samples
... two interested companies (1) U.S. metals producer (2) U.S. power producer
... next phase [a] similar test program for gold ore and precious metal samples
provided by mining companies interested in using the process
... Maxam's selection of Xcentia Mining LLC and Xcentia Energy LLC as a partner
in the mining and coal ash process commercialization
... Maxam finalized its agreements with Xcentia Mining LLC and Xcentia Energy LLC
... Maxam provides its extraction process technology in exchange for a 21% equity
interest in Xcentia Mining LLC and a 10% equity interest in Xcentia Energy LLC.
Xcentia Mining LLC specifically agrees that Maxam will be granted license, free use
of this technology, together with any future improvements made by Xcentia
... the success of Maxam's extraction process technology are the steps towards
creating a multi-revenue opportunity. Maxam is well positioned to substantially
benefit from Xcentia's commercialization of Maxam's extraction process.
... a progress report on current and planned extraction process patent activity.
... the original Maxam extraction process patent application was reworked
and resubmitted to the U.S. Patent and Trademark Office
The U.S. Patent and Trademark Office has accepted the revised application
and patent issuance is pending.
... working with the original Maxam extraction technology Xcentia has identified
two additional areas that qualify for additional patents. One patent application
has been submitted and the other is in final review.
... will perform gold ore extraction tests on its inventory of gold ore samples.
Once current tests are complete, the Maxam ore tests can begin.

Doug


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