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

To: GlobalMarine who wrote (4468)	5/20/1998 9:20:00 PM
From: go4it	Read Replies (1) \| Respond to of 11603

84,800 Acres if we wanted to be exact. This is according to the handout they gave at the AGM.

To: GlobalMarine who wrote (4468)	5/20/1998 9:31:00 PM
From: Richard Mazzarella	Respond to of 11603

Rand, thanks, I forgot about that. The webpage still gives the description of holdings at ~73,000. Thanks for posting the new Chairman's message. Reading between the lines, it appears that the failure of IPM spilled over into Maxam. BRX would have leveraged Peoria Seven? Sure would have been nice if Maxam had taken a more straight forward tack and simply got the permits to mine. The form of funding will be critical for the stock price IMO. COC is still underway and we should see some demonstration for economic extraction fairly soon.