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

To: Richard Mazzarella who wrote (5648)	9/14/1998 12:30:00 PM
From: go4it	Respond to of 11603

Richard, I can't say with any confidence that the shares will pay handsomely but I will hope that they will. Share dilution or consolidation is totally a moot point in my line of thinking since everything is relative to % change. Theoretically speaking dilution would help in price stabilization thus the whole purpose of stock splits. However I do know it could be argued that this occurs when a stock is getting too high priced to encourage investing not when a stock is at the bottom rung of the ladder. Of course what I said earlier still applies and that is everything is relative to % change.

To: Richard Mazzarella who wrote (5648)	9/14/1998 2:58:00 PM
From: Ron	Respond to of 11603

Richard, Chuca, Chuck, if there is still a copy of the AGM video floating around, I sure would like to view it. Please let me know. Ron W.

To: Richard Mazzarella who wrote (5648)	9/14/1998 3:36:00 PM
From: R F B, Jr.	Read Replies (1) \| Respond to of 11603

Richard : Put in an order for 27K at about 11:00 am. Came back at 2:00 pm and found that 5K was done at .07 and 22K was done at .09. Just put another order in for 40K @ .07 all or none. Let's see what they do with this. GOOOOOOooooooooooooooo Mxam. Regards, RFB

To: Richard Mazzarella who wrote (5648)	9/14/1998 9:35:00 PM
From: Larry Brubaker	Read Replies (3) \| Respond to of 11603

Richard: I'm having trouble understanding how today's reported leach tests fit into the plan for advancing Maxam to the next level. We've already seen many similar results from small-scale leach tests. The issue has been the lack of larger-scale tests, plus the COC results not matching previously-reported results. These new results apparently were not sugject to COC, and I really don't understand where they stand concerning larger batch tests, what with their decision to not "allocate funds to upgrade the pilot plant." So what is the point of announcing further results from tests which are neither COC, nor large-scale? Also, regarding the 10-hole drilling program, does this imply that the BLM has bought off on tests from 10 holes being sufficient to give them a permit?