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

To: GlobalMarine who wrote (3213)	12/1/1997 2:43:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 11603

Rand, Jay doesn't seem to understand that Maxam has drilled many holes at Peoria Seven (70+?). I think his concern is more on COC than anything else. COC of 0.02 OPT seems to be more important to him than 0.3+ OPT, go figure. If you talk to Runyon on the 96 press release, you may suggest that a few third party COC drill holes on Peoria Seven during this delay would go over very well in this skeptical market. The cost shouldn't be too prohibitive. I believe that if Maxam got a couple of third party COC holes, the stock would be $3 in no time.