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

To: R F B, Jr. who wrote (6854)	12/14/1998 7:27:00 PM
From: d:oug	Read Replies (2) \| Respond to of 11603

Raymond, if you or another threader here also follow any gold threads or simply read gold articles, could you or another please post a short and simple summary of what this might mean to the likes of Maxam. I just read on the MGR thread that this was a stock swap deal, not one for money. Does this mean that all shareholders of the mine company taken over get stock in the big one ? Also, could the shareholders of either vote No for the merger ? And, what if it was not a stock swap, but cash. Does cash mean that if deal goes thru, the shareholders in the small company get cash for shares, and not stock in big company ? If so, guess they have to buy the big companies stock with the cash if wanted, but probably no special considerations, but at the will of the market. Thanks Doug