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


To: Paunch who wrote (8435)5/18/1999 11:24:00 AM
From: Ed Devlin  Read Replies (2) | Respond to of 11603
 
Paunch--

Well, you may be right. I'm not surprised, as the AGM did not supply a wowser. Given the timelines (take yer choice), a spike wouldn't have been sustained anyway. This is a long haul winner, not a bouncing ball. Maybe that is a sign of its real value. If Maxam traded on, say, the Vancouver exchange, it would have been at $1.00 for a microsecond, at $.03 for a moment, and I would be seasick. I believe this is a stock to be healthy with. Every piece of news should be good, whenever it comes. Check in the bank, decision to spend money on the new sampling because one hole looked so good, limited P-7 production, (you fill in the blanks).

One scare (and plenty to justify retracement to the conservatives): BLM. Dale seems quite confident about that, however.

Regards, and patience here,

Ed D.