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 (8295)5/13/1999 4:05:00 PM
From: Furry Otter  Read Replies (1) | Respond to of 11603
 
Itrader shows bid-ask as 9/32 x 19/64, with a last of 19/64, 125,000 shares. It might be the guy who wanted a million shares, working out a deal with a MM to get all those shares at a penny discount.

Best regards, Otter



To: Richard Mazzarella who wrote (8295)5/13/1999 4:30:00 PM
From: Ed Devlin  Read Replies (1) | Respond to of 11603
 
Nice either way, Richard. I must admit, though, that the thought of some particular MMs hanging, drying in the desert sun, shrivelling, is even nicer than that of a short covering rally. Maybe we could have both?

I've read some minor carping about the Maxam financing, especially that it is a heavy load on future earnings. But it strikes me that the benefits of the way Dale did this hugely outweigh the problems. After all, did folks think he would get financing for free? As a stockholder, I am delighted at the way it is going for Maxam. Any other DD should have it so good...

Regards, Ed D.