Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul F. who wrote (3351)	12/12/1997 7:11:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 11603

Paul, <<It's depressing to have bought six months ago and to see where it is now.>> I agree. I am reluctant to predict a low for MXAM because it could become self fulfilling. I am also not very good at predicting MXAM. I thought we would see $3-6 this year, shows you what I know. Having said that, Mr. Runyon will sell 200k shares soon. I expect a market hiccup when they see his 144. Have some cash on hand, we could see $0.25 - 0.375 at the ask IMO. The stock will recover as we approach April, it's really not that far away in mining time. Good luck.