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

To: Chuca Marsh who wrote (6355)	11/1/1998 4:34:00 AM
From: WLAVEL	Respond to of 11603

Hi Chuca, <Interesting feasibility studies being done on low ozpt> Almost all mining operations currently in operation mine from .017 to .03 ozpt ton. POG is always the determining factor on how long they remain open, each one has a crisis point where they systematically begin to reduce manpower and hours of operation. Other issues are, how many crushing machines do you need to get to the proper size material and do you need to roast the ore before leaching, each step eats at that .03ozpt. It is not reasonable for any mining outfit to determine in the stage that MAXAM is, to make any prediction on what it will cost to produce an ounce of gold...You have to have the facts on what your overhead costs are considering the entire operation, not one guy working on a 20lb sample in a lab.... Considering they don't even have a system that can process the material.... Wl Hope for much higher values...or think big, very big ore hauling operation.....

To: Chuca Marsh who wrote (6355)	11/1/1998 7:13:00 AM
From: Richard Mazzarella	Read Replies (3) \| Respond to of 11603

Chuca, do you have abused wife syndrome, keep coming back for more abuse? You're seeing the suck-up side of bipolar-disorder (manic/depressive). It won't be long and you'll get whipped again. Oh well, to each his own. <VBG> PS, since Runyon wouldn't tell me the OPTs of A-1 which were not reported and we see assays of 1.02 OPT, I'll raise my guess for the deep blue paleo-channel to 1.75+ OPT. Anyone else besides nasty bipolar-disordered posters want to guess? <VBG>