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


To: Ron Wilkinson who wrote (3167)11/28/1997 1:06:00 AM
From: Bruce McGaughey  Respond to of 11603
 
Good points, all !! Thanks.
Ron, I think you're right about the proprietary extraction processes
being key to the DDs.
We thought IPM had that one nailed a year ago. Then, for some
strange reason that process was deemed uneconomical, despite the
fact that we heard good things about the scale-ups of that process.
Maybe Jensen over at GPGI was right. Just start producing the metals
and when the big checks start rolling in the world will beat
a path to your door.



To: Ron Wilkinson who wrote (3167)11/28/1997 1:33:00 AM
From: GlobalMarine  Read Replies (1) | Respond to of 11603
 
I accept the assertion that the majors know that there are precious metals in certain desert dirts. But your statement that "...until someone of these desert dirts starts a positive cash flow via their proprietary extraction process your assertion that its even possible is meaningless except as a market manimulator's tool to steer the novice and greedy where he wants them to go." is incorrect, naive and foolish, in my opinion.

Scanning your recent DD posts, it appears you are invested in Global Platinum or one of the other DDs. If so, you believe that their dirt contains precious metals and that the company will be in profitable production. You ARE therefore asserting through your actions and posts that it is possible for this desert dirt company to start a positive cash flow; hence, by your own logic, you're using"...a market manipulator's tool to steer the novice and greedy where he wants them to go." Moreover, it is extremely foolish for you to state that one cannot make an assertion of possibility unless proof is provided because then the notion of "possibility" would not exist and there could only be fact and impossibility. I suppose you thought President Kennedy mad when he wanted to put a man on the moon...ya, until the Eagle had landed, President Kennedy's assertion that it was even possible was meaningless except as a political tool to steer the public.

Ron. why bother posting on these DD threads if you believe that nothing's possible unless proven factual? To extrapolate your logic, why even entertain the very concept of hope in your life because you cannot prove that the future will be better than today?

Rand