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

To: Richard Mazzarella who wrote (5788)	9/27/1998 9:42:00 AM
From: Char	Read Replies (1) \| Respond to of 11603

Richard I agree that this run up was caused by the dividend. I show a volume for last week of 261,800. If we assume double prints than the actual volume was 130,900. 59,000 of that was mine. The rest was probably yours.G> Anyway if we are through buying than I would expect a pullback to the 10 cent range of the IPM buyout. Of coarse we'll have the spin-offs. I think MXAM with the spin-offs at 13 cents is a better deal than MXAM without the spin-offs at 10 cents. I'm also on the hook for a chunk of the 10 cent shares. I seem to recall from the AGM that Runyon said he plans to have around 10 mines operating and each one would be a separate LLC. Dave