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

To: Alan Vennix who wrote (5730)	9/22/1998 3:11:00 PM
From: Richard Mazzarella	Respond to of 11603

Alan, I noticed that they were moving up irrespective of buying. Maybe there are very large buy orders just below the ask? At some point I suspect that people will want to be in for the dividend on 10/01. I can't believe they waited so long. Of course there could be some other news that I'm not aware.

To: Alan Vennix who wrote (5730)	9/22/1998 4:00:00 PM
From: Richard Mazzarella	Respond to of 11603

Alan, I see they just moved the ask to $0.12. I wonder if there is a large prearranged buy order or maybe the MMs are aware of news on the way? Could the MMs be screwing the shorts, that would break my heart. <VBG>

To: Alan Vennix who wrote (5730)	9/23/1998 2:45:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 11603

Alan, did you notice that the MMs raised the bid to $0.10 with people selling? The MMs seem to want some shares for some reason and may be signaling an inclination to move the stock back up where it belongs. Could the MMs be naked short covering before they have to justify a count against the preferred shares issued? MGAU has been appreciating lately, spillover? This thread has become dead lately. I'd even like a post from Wolf, it's lonely. <VBG>