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

To: Karl Zetmeir who wrote (8363)	5/16/1999 9:18:00 AM
From: Richard Mazzarella	Respond to of 11603

Karl, based on what I was told, I assume that their "environmentally friendly" leach (whatever that is) leaches all the precious metals. I also assume that the precious metals will then be preferentially absorbed on various resins and/or carbon. The loaded resin is then shipped to refiners. That's my current understanding. Of course, the actual mining effort may be very different than expected. As hard as I have grilled Runyon (and I have) about his confidence in Hewletts method, he continues to maintain its a done deal, baked in the cake proven process. Proof positive will be demonstrated soon IMO. I would expect the funding source to require proof.