SI
SI
discoversearch

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 (7967)4/15/1999 4:52:00 PM
From: Paunch  Read Replies (2) | Respond to of 11603
 
Richard,
The numbers were lower than I had expected however if all of the numbers are no higher than these at 1000 tons per day we could still see a share price of $ 1.00 and if they mine 10,000 tons per day the share price would be $ 10.00, and we still have the rest of the property, I just hope it doesn't take another two month to get the remaining assays back. Did you notice also that they were hinting that the PGEs may have hindered the assays, so just maybe the other assays will be higher. One thing that is good is that Dale does have a commercial recovery and that is something that no other Co. has proven as yet.

The last trade for MAXAX was after the release and was a buy for 10,000 shares.
Paunch