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

To: Larry Brubaker who wrote (3273)	12/2/1997 1:21:00 PM
From: Bruce McGaughey	Read Replies (1) \| Respond to of 11603

Just called my service a little while ago. There were 58,100 shares traded and the stock was down a 64th. Maybe the new homes in Phoenix need some furnishings. .....I hope that's not the case.

To: Larry Brubaker who wrote (3273)	12/2/1997 1:22:00 PM
From: Furry Otter	Respond to of 11603

I certainly understand your skepticism, givven the false hopes that have been raised before, with all the DDs...there is a lot of negativity out there, and it is not totally undeserved. At the same time, each DD deserves to stand on its own merit. Yes, Maxam has missed deadlines, but I do not think ths means that the latest PR is BS Regards, Otter

To: Larry Brubaker who wrote (3273)	12/2/1997 11:17:00 PM
From: Keith Utz	Read Replies (1) \| Respond to of 11603

Larry, the recent PR's from Maxam were the final straw. Brings to mind a few sayings I've heard through the years... .....birds of a feather flock together .....if it sounds to good to be true... .....fool me once,shame on you. Fool me twice, shame on me. So I sold all my Maxam and MG gold during the last week. Actually I sold before the last PR which reinforced my conviction that staying on the sidelines is the wise thing to do. Since I sold the remainder of my IPM on Nov. 14 I am now free of desert dirt! If any of the DD's work out I'll be happy to give up part of the gain and enter when the risk has been reduced. The deception on the part of IPM toward its shareholders is shameful IMO. We were ambushed on Nov. 14 and a lot of good people were hurt especially those that had not spread out their risk by balancing their portfolio with other less risky stocks. Good luck and best wishes for all of those that remain in these stocks. I would like to see at least one of them make it. Keith