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

To: Greg Ronan who wrote (5265)8/14/1998 6:34:00 PM
From: Richard Mazzarella  Respond to of 11603
 
Greg, <<company to report bad news> I'm just positioning myself for any eventually, and to pull the Bull's tail. Of course I want to hear only good news, but there are bound to be a number of missteps, we have already seen some of them. Most of the dirt's have taken one step forward, and two back. I hope that Maxam maximizes the forward progress and minimizes the backsliding. I'm convinced that ultimately Maxam will be successful and make us shareholders wealthy so I'm happy for any shares that lower my basis.



To: Greg Ronan who wrote (5265)8/14/1998 6:49:00 PM
From: GlobalMarine  Read Replies (1) | Respond to of 11603
 
Greg: The land position is very large, but so are the yearly claim fees, $50,000 due to the BLM in about a month's time. So at $0.14 a share, that's about 350,000 shares that have to be issued to pay for them.

Rand


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