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


To: Tim Hall who wrote (8259)5/12/1999 1:01:00 PM
From: Richard Mazzarella  Read Replies (1) | Respond to of 11603
 
Tim, <<mistakenly seen this as dilution?>> Maybe, but as Raymond suggests maybe the market is interested in the funding details. Walk it through, even if all the profit from mining Peoria goes to the funding source, it builds credibility for mining the desert dirts. All the remaining property of Maxam comes into play, the BIG picture. I also think that the MMs crooks are holding the stock back with their large spread on this volume, it's outright stealing from investors. Holding the bid at the low keeps the lid on. I think those bastards are short and don't want to lose any of their money. They better cover soon IMO, the mining speculation will kill them eventually, good!