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

To: Alan Vennix who wrote (8325)	5/15/1999 8:07:00 PM
From: Chuca Marsh	Read Replies (1) \| Respond to of 11603

We just left the Mine Tour...it looks great. NEWS whispered soon in the new week, so, hang on to your shares a buck is next. In my humble opinion. OK, maybe fifty cents after the wee hours of the AM. WE HAVE PALEO CHANNEL MAPPING TECH verified to a conservative figure of the 5 holes pattern with 2 outlyers taken out at a ration of 3 to 1 but with it is 2 to 1 ESTIMATE INTERPOLATION by Jim Fink of the COC company. WE are seeing low numbers GOLD but higher numbers whispered in other rare elements and noble metals. There was a microfines blow off in the drying that resulted in lower gold values in that 2 hole PR and some in the other. Keep in mind that SPECIFIC numbers are not reported, yet. The threaders that showed up to the AGM besides Lorraine and me were Ed Devlin, jhc(Big John), Ron and Char. We had a great social after the AGM and a "Steamers" dinner across the way from the AGM. I was in the 4WD with Dale and Dr Richard Hewlett coming back from the mine tour. Lorraine talked chemicals ...I ended up driving the car at the rest stop and as I started to pull out ..told Dale...I am eyeing the spot over the lot to the brush there and will now drive off road and put in a stake! ( Ha...He said NO!) I have left lots of details out ...am at a Kinkos and will be back NOT soon.So, hope the others post on the details that were favorable. I have not read the last 30 posts here befor this post. Special highlites, l- change of state to Nevada NOW approved. WE HAVE NO DILLUTION there with that change and Dale Stressed the Insurance Policy type IDEA of the multimillions shares put up to protect the interests of all the Shares Holders( LOVE THAT PRIORITY)!!! ! There are more than just 2 ponds at P-7...there is a Mine...2-The Vibras still there sitting pretty and 2 Vacuum Tables from Barrick set to go. 3-They are positioned in line now and all auxillary stuff except some small stuff out. 4-10 step mine financing that we can NOW do with the first $10 mill in July, as: We are BUILDING A MINE IN 1999. Chucka Chuca Chucaupt2 chucaupd2-Palladium at a Discount is veryimportanttothis$30Million Program....IMHO.