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

To: W.F. Schwertley who wrote (6071)	10/13/1998 5:52:00 PM
From: Alan Vennix	Respond to of 11603

11,000 shares were bought at the ask, then 10,800 were sold at the bid. I wouldn't call either move meaningful. (Although I would have preferred to see the last trade as a buy to keep the closing price up). (VBG - in honor of Richard). Alan

To: W.F. Schwertley who wrote (6071)	10/13/1998 7:23:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 11603

WF, <<according to Zeev, when fundamentals and TA....>> Everybody's got a theory. Zeev has some good TA tools and is smart, but we still see him posting to SI. I've seen him pick a few losers. It's the guys and gals that stopped posting who's advice we need, at least the rich ones. <VBG> Today's Maxam news was good, they are getting better recovery than the last report on similar ore. One can argue the costs of recovery when tightly bound ore assays at 0.05 OPT, but with 0.22 OPT+ and simple leach (no GPGI style roasting), profit can't be denied. Why did people sell today? We can't be responsible for people that don't understand the potential, maybe someone just needed to pay their real estate taxes (10k shares * $0.12 = $1200, just about right)? This stock will pay off, I'm more certain every day.