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


To: Rosie'sPaw who wrote (5567)9/1/1998 7:16:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 11603
 
Clark, thanks for the sentiment. <VBG> Lamenting about the stock price may make you feel better, but you know deep down that this is a very speculative stock where one could lose everything or make multiples. I'm in it for the multiples. Mutual funds that short the market aren't going to make you multiples, maybe 50% maximum if you're very lucky. See a thread I started for playing that end: exchange2000.com I've been buying a little Maxam every day they drop the ask with mad money. My other investments pay the rent, Maxam and maybe another dirt may buy me a sea change in my lifestyle. <VBG>



To: Rosie'sPaw who wrote (5567)9/2/1998
From: BobS  Read Replies (1) | Respond to of 11603
 
<<I voted no to both, but it doesn't matter. The guy who proposed to dilute the stock and protect his control over the company has voting control. The vote is, in practical terms, a farce IMO. >>

I did the same thing. And I agree 100%.

60M preferred shares, Windstar Resources, Phoenix, Omega, Uranco, etc. This is one complex corporate shell game.

If Runyon put in as much time trying to make something of Maxam as he does creating and maintaining secrecy of business entities, the company might actually be around by the end of the year. At this point I doubt Mr. Runyon will allow that to happen. Time to move the pea to another nut.