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

To: Tim Hall who wrote (7374)	2/27/1999 3:39:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 11603

Tim, <<I was only stating the obvious>> Obviously. <VBG> <<MM are out of inventory>> They now have 500k cheap shares, a floor, a limit IMO. <<any test sells or buys between the bid and ask?>> As a matter of fact I understand that someone did experiment to test the MMs and did sell a small number of shares at the ASK, twice at different ask prices (I think that Chuca also reported this). IMO you're not going to see much if any price decline. I will also advise you that Maxam isn't just sitting on it's ass just waiting for COC and assay results, other work continues.