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


To: Paunch who wrote (6164)10/18/1998 12:35:00 PM
From: Larry Brubaker  Read Replies (1) | Respond to of 11603
 
Paunch, negative posts by me are not a function of profits vs. losses. If so, I would never post negatively about CHIP because every CHIP trade I've made has been profitable (it's now been well over a year since I traded CHIP). And overall, Maxam has been very profitable for me. I was lucky enough to buy it below 25 cents before the big rise to $3.00+. Sold some of those <25 cent shares for $2.50. This year, bought Maxam at .40 and sold at .75 before buying from .25 down to .15 and selling at about .13. Even though I took a pretty good hit on Black Friday at IPM, my losses there were only somewhat greatter than previous IPM trading gains, and don't approach the gains I made on other dirts.

So my comments are not those of somebody who has lost their shirt on desert dirt investments. My comments are those of somebody who initially believed in the story of the dirts, but has grown progressively more skeptical with each promise broken by all of these companies.