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

To: Richard Mazzarella who wrote (5890)	10/6/1998 5:06:00 PM
From: Che	Read Replies (1) \| Respond to of 11603

Richard, thanx much for the update.

To: Richard Mazzarella who wrote (5890)	10/6/1998 5:43:00 PM
From: go4it	Read Replies (1) \| Respond to of 11603

Thanks Richard for checking up on things for us. It is much appreciated.

To: Richard Mazzarella who wrote (5890)	10/6/1998 10:26:00 PM
From: Tim Hall	Read Replies (3) \| Respond to of 11603

Richard, With all do respect, an analysis of your interpretations and comments. <<Anybody that followed this company for any time knew there was something wrong with that report, nil for fire assay when there have been 1000s of assays>> Where can we find these assays posted? <<It was one of the worst areas of metal concentration on the whole property, you couldn't find a worst ore area. These paleo-channels are analogous to veins in hard rock. Precious metals in the veins, nothing in the rock matrix. Same thing goes for the paleo-channels. You can go from high metal concentrations to nothing in just a few feet off the channel.>> This means that all of their acres of claims might amount to very few acres with actual values. <<Next comes the reason why Maxam can't do anymore large bulk testing at the location they had the poor result. The consultant that was doing the testing wasn't going to get the required air quality permit. They weren't about to get a permit just for Maxam's work. They would have to qualify their whole operation while Maxam was only a small part of their activities. No more bulk testing will be done on Maxam ore there.>> Who was the consultant? It is my understanding that this consultant must do large tests for other clients. Why do they need air quality permits for experimental leach tests? <<I must admit to not completely understanding all the issues here, there may be other problems with that consultant, but I think it may simply have to do with keeping the government away. The COC drilling program is ready to go, the company is just waiting on the BLM to approve the plan.>> They are going to keep the government away? Sounds like GPGI. This company claimed that they could do any thing they wanted on five acres. Surely they can drill a few holes without tearing up more than 5 acres. Just a little notice should suffice. This doesn't really require BLM approval. Richard, sometimes you really disappoint me. Tim