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


To: go4it who wrote (5123)8/1/1998 9:34:00 PM
From: GlobalMarine  Read Replies (1) | Respond to of 11603
 
Chuck: There aren't just private contenders out there, some private citizens ARE making money extracting gold from desert sands. Small scale stuff, a few ounces a day or so, but they are making money.

I am keenly aware that one can say something works. Runyon can say it works, it works, until the cows come home. But it doesn't work until it is shown to work, and not the reverse



To: go4it who wrote (5123)8/2/1998 8:00:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 11603
 
Charles, <<I look with great anticipation for the day that a "non-mining" person shows the "mining" establishment a new way to do things.>> Don't agree. Check and see who works for Maxam and where they worked (please post that info), couldn't be any more conventional. A possible non-conventional aspect is the treatment of the ore for recovery, but even conventional miners use "special sauce" chemistry tailored to the ore. IMO the real threat for conventional miners here are the PGMs and potential from a little non hedging company to have them become the high priced spread which may put mellofellow's on the unemployment line. That's my current nice thought for the day, but more likely a major will pay us shareholders a lot of money just to just go away. Payday should be earlier than later IMO.

The Shark. <VBG>