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

To: Char who wrote (6555)	11/16/1998 10:09:00 AM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 11603

David, <<This doesn't sound very good to me.>> This is typical, they are just a promotion business. IMO they are doing the PR for money, try to take the 150k shares from $0.10 to $1, then it's payday. IMO the 50k restricted shares is some attempt to convince Maxam management or insisted by management to encourage a longer term objective by the PR house. Whatever, the increase in shareprice will help with eventual funding of the mine with minimal dilution so I guess it's positive. The PR agent however has me concerned, I've seen his work. :( I sure wish that Runyon said something to me about this before this deal was struck.