SI
SI
discoversearch

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: Mellofellow who wrote (5117)7/31/1998 10:12:00 PM
From: Alan Vennix  Read Replies (1) | Respond to of 11603
 
Responding for Richard, who is apparently busy with matters other than the SI thread<g>,

maxamgold.com

Which reads, in part,

"Hewlett Mineral Management, Maxam Consultants report a "Trial Open-Pit" procedure that translated the previously computed proven and
probable "geologic" ore reserve computations into "Mineable Open-Pit Ore Reserves" totaling 5,694,377 Troy Ounces of Gold Equivalents,
representing an approximate 49% increase to the previous proven and
probable reported reserves."

Hope this helps,

Alan