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

To: Richard Mazzarella who wrote (3278)12/2/1997 1:56:00 PM
From: kimberley  Respond to of 11603
 
well, Richard, the gold market is depressed as a whole, and here we are dealing with a credibility factor (all the desert dirts/playas). what happend with ipm has hurt everyone, hopefully temporarily,

just looked at sales log for mxam... only one sale at the bid all day, for 4000 shares.

do you, or anyone else, have any idea how the relationship between mxam/ipm is these days? (specifically omega/ipm, I guess.)

best,
kim



To: Richard Mazzarella who wrote (3278)12/2/1997 2:03:00 PM
From: Larry Brubaker  Respond to of 11603
 
Richard: I am not in any of the dirts right now. I guess IPM has left my credibility concerning the dirts a little shell-shocked. Maxam has always been the dirt I have given the most credibility.

Maybe I am overreacting today's PR without fully understanding it. I would like to find out what today's fire assay and recovery numbers mean. Are they saying they have a sample with 2.5 opt head ore, or is it ~.6 opt head ore concentrated 4/1 to get to 2.5 opt, or something else? If this PR really does indicate a much higher ore concentration than previously reported, where did these numbers come from and why were lower "high" numbers reported just a few days ago?



To: Richard Mazzarella who wrote (3278)12/2/1997 2:59:00 PM
From: HungryLion  Read Replies (2) | Respond to of 11603
 
Staggering news! Unbelievable! I'm gonna get rich!

Maxam's Leach Recovery 100% Efficient

Uh huh. Sure it is. Honest injun.

Its dump time.

Maxam is exposing itself to be IPMCF's little brother.

HL



To: Richard Mazzarella who wrote (3278)12/2/1997 4:42:00 PM
From: O. H. Rundell  Respond to of 11603
 
Richard,

The latest PR has me a bit on edge, too. Hope the addendums will clarify. Putting supporting documentation (including naming the labs) goes a long way toward establishing credibility IMO. Still, they need to qualify numbers like 5+ opt Au. No one in their right mind would believe that referred to head ore, but apparently no one knows exactly to what the numbers refer.
FWIW,
O. H.


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