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: Larry Brubaker who wrote (5393)8/20/1998 10:35:00 AM
From: Bruce McGaughey  Respond to of 11603
 
....as gold and the XAU move higher (in the absence of a
Fed rate hike)
kitco.com



To: Larry Brubaker who wrote (5393)8/20/1998 11:01:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 11603
 
Larry, by that logic do you lower your BS alarm when they sound like crooks? <VBG> Now we have many believing a scam because of near term shortfalls, that's their right. However if they would walk it through with the anticipation lead time required in planning they may be able to see they could have made the same mistakes. Start the walk through with "funding is expected", pre IPM failure. Also, Custom Milling had the expectation of milling CHIP's desert sands, history now shows the difficulty of realizing that objective. Do people know how much COC bulk testing costs? Sure everyone is disappointed based on the plans previously presented, I am, but sometimes reality interferes with the best of plans. The story in the beginning with Maxam has been the dirt, and remains the dirt. I'll now be happy for incremental progress, the technology is in place to advance Maxam's credibility. I think we will be pleasantly surprised. The yappy on this thread also suggests near a bottom. As soon as Rand sells, I'll buy like crazy. <VBG>



To: Larry Brubaker who wrote (5393)8/20/1998 11:48:00 AM
From: Richard Mazzarella  Read Replies (1) | Respond to of 11603
 
Larry, I have been trying to understand the "need" for the preferred shares dividend. On first blush, it just seemed like simple dilution. However, after seeing Runyon's comments about JV, I wonder if those shares are a posture for JV. You're good at understanding those mechanics, what do you think?