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: go4it who wrote (4410)	5/18/1998 11:27:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 11603

Charles, <<I have not yet told you about the forward looking statements that were made.>> Then why are you sandbaging?

To: go4it who wrote (4410)	5/18/1998 11:32:00 PM
From: Ed Devlin	Read Replies (2) \| Respond to of 11603

I certainly got the impression that the Iridium numbers almost totally surprised Mr. Runyon. I don't think he wanted to talk about the economic value of Ir because he'd only had a busy two hours to deal with it and everything else that was going on. Clearly, it has value, but the implications of its discovery and possible masking of Au aren't clear. He did stress that Ir currently has a very small market. It was almost as though he thought Maxam's find would/could drop the value like a rock, thus making the economics very volatile and speculative at this point. Ed D.