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

To: GlobalMarine who wrote (5353)	8/18/1998 8:37:00 PM
From: Richard Mazzarella	Read Replies (4) \| Respond to of 11603

Rand, <<The BLM will not grant mining permits to Maxam unless there is an ore reserve program that is acceptable to it.>> That's way down my list of concerns, a simple administrative problem IMO. I'm more concerned about eventual potential for the 73 square miles. Economic recovery demonstrations are more important to me for my long term investment here. Sure I'm torn about the stock price. The higher the price, the more it shows investor confidence that eventually helps the funding issues. However, the lower the price, the better for me personally assuming the company continues as a going concern. I'm torn.