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


To: Richard Mazzarella who wrote (3242)12/1/1997 9:52:00 PM
From: HungryLion  Read Replies (1) | Respond to of 11603
 
Can Maxam get the metal (assuming its actually there) out? Two
straight years of excuses doesn't count.

Maxam's reserves are unknown. They do not even know how to imitate a
real mining company.

Eldorado has 28MM in cash with a line of credit. They have MM ounce
reserves.

Maxam share price is tremendously overvalued in comparison.

HL