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

To: Richard Mazzarella who wrote (6868)	12/15/1998 8:13:00 PM
From: Chuca Marsh	Respond to of 11603

Like using their write up and changing a bit of this and that wasn't a solid basis? The CHANGE is the number: maxamgold.com <<..Based on drilling and assaying results, in December 1996 Hewlett Mineral Management reported proven ore reserves of 6,666,666 ST grading 0.053 oz Au/ST and containing 353,333 ounces of gold. These reserves were based on a gold price of US$375/oz; cash operating costs were estimated at approximately US$142/oz. Subsequent reverse circulation drilling encountered extremely high grade gold intercepts: one hole intercepted 1.20 oz Au/ST from 0 to 20 feet and an average of 0.51 oz Au/ST between surface and 99 feet...>> ( Got a Dozer driven by Tim that goes 0 to 20 in 1.20 OPT ....)Then, it slows to near the double nickle coasting by a hundreddepth. Chucadeepdoda,zippydodaDAY

To: Richard Mazzarella who wrote (6868)	12/15/1998 8:48:00 PM
From: Paunch	Respond to of 11603

Richard, I agree , I spoke to Dale about them and he said that Maxam would be working more with them shortly. I don't know anything new about the COC, Dale can not say right for security reasons. Paunch