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

To: Paunch who wrote (6286)	10/28/1998 7:12:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 11603

Paunch, <<may be for the custom milling>> I understand that Custom Milling will be developing their own funding. Maxam's only connection is that it will own 30% of the shares, Maxam shareholders as dividend will hold 20%, and the remaining 50% will be Custom Milling's. Dale isn't even on the Custom Milling board. Any funding coming into Maxam will be for Peoria development IMO. While Dale didn't give me numbers, he did mention that Maxam got some very high assays for hole number 1 (not part of the COC) which he refuses to publish. People would never believe him. I think the COC when reported will be a real eye opener for the market.