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


To: Richard Mazzarella who wrote (5541)8/30/1998 12:09:00 AM
From: Laser  Read Replies (1) | Respond to of 11603
 
Richard, MXAM was a risk. Anything below a dollar is chancy, but MXAM has some troubled releases and the funds are low. The stock doesn't have that high a profile as IPMCF and NAXOF has, I dare say this thread is the best PR it has going for it. A well oiled promo machine can kill you if you're short and one's timing is off. A JV with Barrick? well you know how I feel on those chances, pretty remote to say the least ;). I don't expect MXAM to go too much lower, it's Runyons' pet and I do like to sleep nights, so I covered. They need funding to proceed further and I'm sure we'll see some news in that regards soon, if the worlds' financial chaos doesn't scuttle that effort in the mean time of course. <VBG> I'm looking for a bottom of a nickel, based on nothing but a hunch. What are your thoughts on that?