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


To: Scott Wheeler who wrote (7844)3/29/1999 7:07:00 PM
From: Richard Mazzarella  Respond to of 11603
 
Scott, <<I wonder where they came up with a ratio like that.>> I think that the WSRI shares were holdings of Maxam that are to be given to shareholders. The 1/160 was just the ratio of WSRI shares held by Maxam to the number of MXAM shares at the record date 10/01/98. The WSRI shares are still to be distributed as are the preferred shares, the company is working on it.

The dividend details: maxamgold.com