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

To: Jafco who wrote (6784)	12/4/1998 4:51:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 11603

Joe, Maxam plans to "scrub" the PGMs as part of it's gold recovery process. Global is focused at PGMs with gold as minor, the opposite is true for Maxam. Going for the gold is much simpler than the PGMs. Dale Runyon has told me that there are sizable PGM concentrations on Maxam's property. I would like to see Maxam make lots of money on the gold and then have the luxury of developing the PGM recovery operation at some future time.