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

To: Alex Balazs who wrote (6754)	12/2/1998 12:25:00 PM
From: Richard Mazzarella	Respond to of 11603

Alex, thanks for the link, interesting. IMO the trouble with gold is that investors view the US dollar, stocks, and their derivatives as the "safe" investment. That will change in time. I expected all the "paper" proxies for gold to have failed long ago. Greenspan keeps the scam going longer that it should, but the game will end. I think that Maxam stock is effected by the low POG, but I think that's a mistake and it's really not an issue for them because of their projected low cost for production. Things should begin to heat up soon on the coming COC IMO.