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

To: Tim Hall who wrote (5102)7/30/1998 2:20:00 PM
From: Richard Mazzarella  Respond to of 11603
 
Tim, it seems that Runyons letter isn't terribly inconstant from what you said. Runyon does say he can mine the 5 acres and that the Audit will be used for the larger mine permit. Details, details, screw the details, what I want to know is the cost for metal extraction. We have thousands of assays from corroborating labs showing the metals, that's not even a close issue with me. COC also isn't an issue with me, I trust Runyon.



To: Tim Hall who wrote (5102)7/30/1998 4:25:00 PM
From: GlobalMarine  Read Replies (1) | Respond to of 11603
 
<<It is my understanding that BLM determined that Maxam could not operate their operation on a five acre exemption. Maxam then filed a mining plan for a full blown operation. The BLM has rejected their mining plan on the basis that their are inadequate reserves to support such an operation. I believe that Maxam is working to resolve this problem >>

This is what happens when you try to build your own home-grown mine.


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