Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Richard Mazzarella who wrote (7964)	4/15/1999 3:38:00 PM
From: W.F. Schwertley	Read Replies (1) \| Respond to of 11603

Richard, Seems kinda low considering it's the best hot spot they could find! Are you thinking what I'm thinking? Johnson/Lett! ;o) WFS

To: Richard Mazzarella who wrote (7964)	4/15/1999 3:44:00 PM
From: Richard Mazzarella	Read Replies (1) \| Respond to of 11603

I must admit to mixed feelings here. I had hoped to see some killer gold numbers, especially from hole 3. Those nasty PGMs. Nice to see that even with the low gold that the observed metals are economic. Another positive is that it may be easier for Runyon to get a JV on PGMs than gold, from conversations I have had with him in the past. I'm also aware that Maxam is working to bring an income producing division into Maxam as the source of resource development funding, much like the MGAU model with their marble. Notice that Maxam is the only "dirt" to show expected mining costs, a reassuring positive IMO. PGMs seemed to ball up the COC results from last year as I remember. There are still 8 holes to go.

To: Richard Mazzarella who wrote (7964)	4/15/1999 9:08:00 PM
From: Chuca Marsh	Read Replies (2) \| Respond to of 11603

Over at a Canadian Thread I found a NON COC grab Sample I assume of a Oil -Mining Company that went to $3 a while back, but they had deep in there website under additional assays ..a FIGURE of ONE OPT PT( Platinum) ...I feel much better with 0.15 OPT Gold-Equivanent at Maxam on COC rather than a 8 fold larger typr number on a Grab sample that maybe did get played out as I would of invested just for the Oil but with me a chance at PT and PD values is a given for interest: Message 8952718 or lurkers use: Message 8952718 ragingbull.com <<..Results to Date: Total Gold Equivalent 0.15 Troy Ounces per Ton Head Ore Metal Ounces/Ton Market Value per Ton Head Ore Price of Head Ore _____ Gold 0.023 $285 $6.56 Silver 0.050 $5 $.25 Platinum 0.035 $360 $12.60 Palladium 0.067 $370 $24.79 Rhodium 0.006 Iridium 0.016 Osmium 0.009 Total Gold Equivalent Value of 0.150 per Ton of Head Ore $44.20 ..>>>