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

To: Larry Brubaker who wrote (5760)9/26/1998 2:09:00 AM
From: Larry Brubaker  Read Replies (3) | Respond to of 11603
 
Today's quote on IPM is .001, according to Excite quotes.

If that price is accurate, and the merger with Maxam would value IPM at .04 per share, then Maxam would be paying a 3,900% premium above IPM's market value to merge with IPM.

What a great deal for Maxam shareholders!



To: Larry Brubaker who wrote (5760)9/26/1998 10:41:00 AM
From: J.L. Turner  Read Replies (1) | Respond to of 11603
 
Larry,
As to timing and economics your analysis is right on.Phoenix/Omega should have valid ownership claims right now.Perhaps someone that talks to Mr. Runyon could ask him straight out.Mr. Runyon's loyalty
is to Maxam shareholders not IPM shareholders.I wonder if the email was even sent by Mr. Struthers,it's content is laughable.I suspect
it is a joke, just jerking the chain on DD investors.

Jeff Turner



To: Larry Brubaker who wrote (5760)9/26/1998 8:39:00 PM
From: Paunch  Respond to of 11603
 
Larry, This was sent as an invitation to share holders who are interested, If you are not that is fine, just don't cry later.
Paunch


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