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

To: Raye Derickson who wrote (3350)	12/13/1997 9:17:00 PM
From: GlobalMarine	Read Replies (1) \| Respond to of 11603

Hi Raye: Indeed, 200,000 shares is practically nothing, as the entire Runyon family collectively have a majority ownership. I don't know myself what % they have. Well, long term I'm not bothered by the sale, but short-term, 200K is a lot because the average daily volume isn't high, and I wonder who's going to step up to the plate and buy right now. Most or all of us SI posters are already in.. Newcomers may hesitate to invest on account of low gold prices, the decimation in the hard rock gold stocks, the IPM fiasco, and the checkered histories of all the DDs. I just hope that everything goes well for a successful Apr98 launch. Regards, Rand