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: Paunch who wrote (7968)	4/15/1999 6:46:00 PM
From: Richard Mazzarella	Read Replies (2) \| Respond to of 11603

Paunch, <<numbers were lower>> The PGMs were considerably larger than I expected. We have to give Runyon credit, he said that he would release information as available. They could have just sat on these results until they got all the "i"s dotted and the "t"s crossed. There sure is something screwy about gold assays where PGMs exist. If today's reported result holds I can speculate about a 4/1 screening concentration, the screened ore going into the process would then be 0.6 OPT, not bad at all. It may also may be easier for the market to accept more reasonable numbers than monster gold values which we expected. Monster numbers almost always create doubt. Having said that, I would still like to see monster gold values. <VBG>

To: Paunch who wrote (7968)	4/15/1999 9:17:00 PM
From: go4it	Read Replies (2) \| Respond to of 11603

Paunch, <<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>> If Dale has a commercial recovery than that would imply that he has a facility that has proven commercial recovery. If he has a facility that has proven commercial recovery then that would imply that he could economically extract the metals even as a few tons per day. Then why isn't he using it? yeah yeah I heard him explain to me that it is a matter of logistics as far as where the facility is located etc etc etc but I am sure that a smart man like him can figure out that land around Gila Bend is cheap as dirt and that he could probably get volunteers (share holders) to tear down and rebuild the facility in a nearby location for free. This is all hogwash. None of these companies have shown me that they are capable of even tieing their own shoes let alone keep their word about anything. They can't even deliver on promised spin-off shares. Fine the metals are there ......duh..... but none of these companies are worth a crap.