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

To: Grabs who wrote (7794)	3/22/1999 10:48:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 11603

Grabs, <<Do you think test results will be done by the AGM?>> Yes <<Any risk of that happening here again?>> There is always risk, but minimal IMO. <<Is the land different chemically than BRX?>> Similar <<mining technique some kind of black box formula>> Assays have been standard fire assay. Recovery tests used simple gold mining leaches. <<your take on the potential value here>> I'm very hopeful of becoming extremely rich. <VBG> We are waiting on COC assay results from an area where previous assays showed ~1 OPT with standard fire assay. Actual mining will consist of a very low cost 4/1 screening concentration. We could even assume that the concentrated ore OPT from a cost perspective will be ~4 OPT. I could economically recover gold from that high an OPT with a hammer. <VBG>