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


To: Richard Mazzarella who wrote (3344)12/11/1997 2:24:00 PM
From: Ron  Read Replies (1) | Respond to of 11603
 
Richard, the last time I visited the Maxam site in Oct, I mentioned on the thread that I thought they were several months away, which was then subsequently announced. During that visit, I saw a new area being laid out for pad pouring for equip and controls. The mills were not able to be operated, but the superstructure for loading was near complete. Trailers had been moved about, etc, etc.
I am now planning to be in Phoenix the week of Jan 12, and plan to again visit the site. With production now planned for the end of the first quarter, I expect to see additional developments on site to support startup. I mention this to alert you and some others so that if there are some specific things you all think I should look for or ask about, please let me know over the next couple weeks.
Will also try to get up to MG's crater. Ron W



To: Richard Mazzarella who wrote (3344)12/12/1997 5:41:00 PM
From: Paul F.  Read Replies (1) | Respond to of 11603
 
Dare I ask you to guess how much lower this could go? It's depressing to have bought six months ago and to see where it is now. I'm sure you can relate. Maybe it's time to stop thinking Maxam is going to make up for what Maxam has already cost us.