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


To: Tim Hall who wrote (7328)2/25/1999 2:54:00 PM
From: Richard Mazzarella  Read Replies (2) | Respond to of 11603
 
Tim, I think that everyone is waiting for the assay results. There may be a small amount of hedging as people are moved during the wait. IMO if you're interested in buying low, put in a low GTC limit order just in case Maxam or a consultant desires to cash some shares. If you don't see a retracement in the next two weeks, you may want to consider entering at current prices with expectation of an easy double on killer COC assays. I must admit that the last move was stronger and faster than I had expected, but then we have some pretty smart cookies following this play that are anticipating great results.