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


To: go4it who wrote (8043)4/17/1999 10:23:00 PM
From: Chuca Marsh  Respond to of 11603
 
Believe is the value, the value is based upon the ounces. The grams in the Paleo Channels will add up to big dollars, so start with the Big Dollars first and the Pennies will follow. And yes, this guy is saving his pennies to show up at the AGM...not all specific as to hotels, might camp out at a prospect. Crash at Eds ...oops...O Well.. Look at the RHODIUM Paleo Channels( or find them), there might be a high grade pocket that will shock the folks more than the Marble :
<<..NEW YORK
SPOT PRICE

April 16 1999
14:30 New York Time
Timezone Equivalents
MARKET IS CLOSED
(Will open in 34 hours 7 minutes)
Bid Ask Change Low High
GOLD
283.70 284.20 +0.40 +0.14% 283.25 285.35
SILVER
5.04 5.07 +0.03 +0.60% 5.00 5.11
PLATINUM
363.00 365.00 +2.00 +0.55% 362.00 365.00
PALLADIUM
366.00 371.00 0.00 0.00% 366.00 372.00
RHODIUM
820.00 870.00 0.00 0.00% 820.00 870.00
/...>>
Chuca



To: go4it who wrote (8043)4/18/1999 12:22:00 AM
From: geoffreycs  Read Replies (1) | Respond to of 11603
 
" Hell if a lemonade stand will produce a positive cash flow then go with that"
A lemonade stand won't come close to paying admin but probably more than the amount of gold in cinders



To: go4it who wrote (8043)4/18/1999 7:42:00 AM
From: Richard Mazzarella  Read Replies (2) | Respond to of 11603
 
Charles, <<Hell if a lemonade stand will produce a positive cash flow then go with that.>> How perceptive. We will learn that it's more substantial than a lemonade stand which will fund future resource development, don't underestimate Runyon. Short of an immediate JV partner, it's the only path remaining. Why is MGAU ~$2? They can fund their development. Now if I could only convince Runyon to have some of his splits tested with MGAU's J/L process? Who needs reality, only good hype numbers are required? GPGI uses that model. Some may not like it, but WYSIWYG in Maxam. <<I will see what I can do.>> If you were that good, wouldn't you already be rich? <VBG>