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


To: Alan Vennix who wrote (3142)11/25/1997 11:25:00 PM
From: Richard Mazzarella  Respond to of 11603
 
Alan, they don't show the 3 map with the color contours. I'm also interested in the size of the "blue" area. I agree with you that the high value findings may be higher value duplicates of previously valued property. As the information gets further clarified, it seems that the notion of homogenous precious metals everywhere on the Maxam claims is unreasonable. The documentation of 0.3 OPT head ore is also a counter point to the disappointment at IPM, something that Maxam needed to do considering it's previous (other than the pluton) values were somewhat in the OPT range of IPM's that the market is now rejecting. Unless IPM has something up it's sleeve, it has hurt all the desert sands, certainly the value of speculation in the dirt's stock price. No more blind trust in the dirt's. Maxam will now have to do double duty to restore the promise of the dirt's potential IMO. Today's announcement was a nice step to that end.