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

To: Richard Mazzarella who wrote (7355)	2/26/1999 12:59:00 PM
From: Ed Devlin	Respond to of 11603

Richard -- Good news! Thanks. I'm glad the 500K wasn't Maxam! I hope the early release of numbers by Maxam is done VERY carefully. If there is any run-up, the bad guys will swoop in with carefully groomed innuendo about the dangers of believing the "faulty" assays from Maxam, the "stories of influence of Maxam over the drillers" and/or some other fanciful canards. It might be better for Dale to tell the news privately to funding sources than to put it up front. I don't think the Maxam information would, in the face of the coming COC results, be considered to materially affect the price of the stock, would it? If it would, the disclaimers should reach the ceiling before any figures are given. In any case, those of us who have confidence will not be frantic to hear in six weeks what we would hear in eight. Just a little longer for you and Char to accumulate. I can see the label on his Maxam account now: take 500 or 1000 shares as needed. (Between you, you certainly must be majority stockholders by now! Well, you and Dale and Char <G>) Thanks again, Ed

To: Richard Mazzarella who wrote (7355)	2/26/1999 4:49:00 PM
From: Char	Read Replies (2) \| Respond to of 11603

Richard Sure was quiet today. At least we closed out the week on the ask. That makes much nicer looking charts. <G> >Another little piece of information I learned was that the 500k sell at $0.18 wasn't Maxam's.< Did he mention if he knew who sold it. I was just wondering if MXAM paid for some services in stock and that was who sold it. Char

To: Richard Mazzarella who wrote (7355)	2/27/1999 10:52:00 AM
From: Alan Vennix	Read Replies (1) \| Respond to of 11603

Richard, thanks for the summary of your conversation with Mr. Runyon. One of your comments was: <<However, Maxam is due COC splits......>> Does this mean that Maxam does not yet have the splits, even a week plus since the drilling, or am I reading too much into your phraseology? Thanks, Alan PS. RE: Tim's comment on only the assay labs and drillers being the current recipients of Maxam shares in exchange for work performed - I believe a number of consultants over the past months have been paid off in shares. Some of them might need/want cash at this time rather than waiting for a larger cash payoff in the future. The 500k shares represented about $90,000 if I have my decimals right (maybe Chuckau could check my math-VBG). Bringing up some past history, I seem to recall that Dale's daughter and son-in-law were needing to cash in shares a year or so back to fund their relocation to PHX; maybe they had a payment coming due - which wouldn't technically be "Maxam" cashing in shares. They probably have several million shares in their name so selling a half mill cheap wouldn't be that big a deal, although, if it was them, I'm sure they would have preferred to hold on to them for a bigger payoff in the future.