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

To: Jon Matz who wrote (6769)	12/3/1998 3:48:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 11603

Jon, <<Who holds the patent>> The original patent was issued to Hewlett, but I think that Hewlett sold it (not to Maxam). Chemical process patents are the easiest patents to work around. I suspect that since Hewlett originated the patent he knew the most appropriate way for Maxam to do the work around. There are links to Hewlett's patents on this thread. <<opportunity for a twenty bagger on this stock>> I did, but let it slip through my fingers, that opportunity will occur again I'm very confident. I keep buying and averaging down every time I make a little profit in other stocks. I even bought more MXAM today, but that's not to suggest anyone else should, I won't give buy/sell advice anymore. This company was on a roll with all the funding expected to build a significant mine at Peoria, COC or not. The money was going to come from investment by Phoenix International, a private mining company derived from the sale of property to IPM. When IPM failed, that funding failed also. Now Maxam is forced to go to conventional funding sources, but that requires a bankable audit from COC resource determinations. Of course there is still lots of risk here, but risk very well worth the potential reward. Sorry if I was terse with you, but we have danced Maxam issues about the head of a pin countless times. Also, I ask you not to take my comments too seriously, this is a speculative investment with lots of risk and I am totally willing to lose all my investment. Sometimes my frivolity may suggest a lack of concern, but it's because investing in speculative issues should be fun, not painful. Investors that can't accept loss should buy Blue Chips, Bonds, and/or Mutuals. Rand, take notice. <VBG>