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Bullboard - Stock Discussion Forum Max Resource Corp MXROF


Primary Symbol: V.MAX

Max Resource Corp. is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of mineral properties in South America and Canada. The Company is engaged in advancing its CESAR copper-silver project in Colombia and the RT Gold project in Peru. Its CESAR copper-silver project is located in northeastern Colombia and lies along the northern portion of... see more

Bullboard (TSXV:MAX)

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Comment by Sharegar777on Jun 12, 2024 2:46pm

RE:20 percent worth US$5.5 Million

 The Colombia project valuation seems very low considering the potential at no further monetary cost to Max for exploration. There was $8.7m in the treasury according to the April presentation ...more  
Post by bigcomebackon Jun 12, 2024 12:37pm

20 percent worth US$5.5 Million

At current share price, 20 percent interest in Colombia property worth US$5.5 million net of cash with no value for anything else Max is doing...
Comment by deeton Jun 12, 2024 11:52am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:re Halt

Hercules? Not sure what you mean....but it looks like sellers are determined to drive this stock even lower with lots up for grabs now at a mere 7 cents. It looks like 6.5 cents won't hold today ...more  
Comment by arrowhawkon Jun 12, 2024 10:11am

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:re Halt

Probably the same herd that trampled Hercules.
Comment by nopooon Jun 11, 2024 6:01pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:re Halt

Investors believed they would be getting a certain amount of copper exposure. Wrongly imo, they now think they now have 80% less. Rick rdesmarais
Comment by rdesmaraison Jun 11, 2024 12:28pm

RE:RE:RE:RE:RE:RE:RE:RE:re Halt

good post nopoo....very strange that current price action is not reflecting that reality...have you any views which might explain this steady selling? thanks
Comment by deeton Jun 11, 2024 12:19pm

RE:RE:RE:RE:RE:RE:RE:RE:RE:re Halt

Shocking would be an understatement. More like catastrophic. Yesterday,  I emailed Tim McNulty at Max Resources to get his take on the monumental sell-off since shares resumed trading last Friday ...more  
Comment by bigcomebackon Jun 11, 2024 11:11am

RE:RE:RE:RE:RE:RE:RE:RE:re Halt

Stock just hit 6.5 cents with lots for sale and little bid. Shocking price action. 
Comment by nopooon Jun 11, 2024 11:05am

RE:RE:RE:RE:RE:RE:RE:re Halt

Good post. And let's not forget Freeport has an extremely high bar to beat, their starting criteria is at least 2mt of copper. They are the world's largest copper miner, and the world's ...more  
Post by michaelvimon Jun 11, 2024 11:02am

Pretty sweet deal here over $4 million cash in bank

or $.02/ share cash in bank, Antidillutive sweet deal with FReeport and new project on horizon. 
Comment by rdesmaraison Jun 11, 2024 10:57am

RE:Freeport CEO

whether Max is mentioned or not in the interview, I assume that all freeport shareholders would be made aware of the deal with MAX and I would think expose the MAX portential to thousands of freeport ...more  
Post by bigcomebackon Jun 11, 2024 10:51am

Freeport CEO

New CEO interview on CNBC over next hour discussing road ahead. Wonder if she will mention Colombia? 
Comment by bigcomebackon Jun 11, 2024 9:16am

RE:RE:RE:RE:RE:RE:re Halt

If they had gone their own route and funded all their own drilling, the dilution would have likely been the same as giving up 80 percent for $50 million. Even financing at 25 cents would have likely ...more  
Comment by rdesmaraison Jun 10, 2024 10:55am

RE:Another minus 16%

Am I missing something here? after freeport makes a substantial investment in MAX, someone thinks this stinks.  there seems to be dedicated strong selling for some reason (which I don't ...more  
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