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

To: Furry Otter who wrote (8273)	5/12/1999 6:15:00 PM
From: Chuca Marsh	Respond to of 11603

I did a work up on decimal basis from the .15 OPT to 1.50 OPT...there will be so much money that this $30,000,000 will be a drop in the bucket. Here are some or the MULTIPLICATION varibles I used to suggest that recovery may be augmented when more proof comes in and as the mine is run. Here goes: 1) OPT changes 2) Metals and Elements expanded from GOLD basis which was the first without any real thought to what Gold equivalant really might mean to us all. ( Chucaupt2 fixation complex) 3) Number of shifts per day increased, 1= X -, 2= 2X -, 3= 3X - I pick 3X or 300 % improovement, and I pick 1.5 OPT ( OK you want to cut it in half or a quater- I have no clue) and I pick all precious metals, elements, and base metals. Then, I see that $30,000,000 even with some X factor Discount; is- less than a small Chuckadecimal of concern. Chuckapd.?? Chuca