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


To: KVASIR who wrote (3129)11/25/1997 12:10:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 11603
 
KVASIR, Maxam has always used multiple labs to ensure statically meaningful values. They split the sample and then send parts to different labs. If the results from the different labs vary, the sample is retested. Maxam has been doing the right job all along, no mysterious labs and other BS IMO. The market will of course discount Maxam since the COC is their own plant designer and mining consultant. That's OK with me because when metal gets poured with extraction cost documentation, the stock price will represent the proper value.