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


To: go4it who wrote (4418)5/19/1998 10:18:00 AM
From: Furry Otter  Read Replies (1) | Respond to of 11603
 
Hey Chuck, don't let Richard bait you into divulging enthusiastic speculation you have heard about what Maxam may be doing someday. I think that given what's transpired with other DDs, we all need to take a deep breath and be a little more circumspect about our "hopes," as opposed to "facts."

The facts are that Maxam has obtained some very promising COC numbers, and currently expects to have a pilot plant up and running by the end of July. There are still obstacles that could conceivably derail this thing, some we know about, and undoubtedly some we (and Maxam) do not know about. I think the current price reflects the caution with which investors are approaching this and the other dirts, with good reason. We all appreciate your providing us with your impressions from the AGM.

Regards, Otter