Max Resource Corp MXROF

20 percent worth US$5.5 Million

[bigcomeback]

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...

[Sharegar777]

 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. Allow for some cash burn and the $1m to pay for the Floraria Iron ore project payment.  So, is the real concern that there will be dilution in order to develop the new Iron ore project? A low

[deet]

The pre-halt share price and even MAX's annual high would still be a "very low risk proposition" given the potential of the company.....which is the reason shareholders invested in this play.  This is just plain ludicrous. Losing nearly 2/3 of its value after releasing two positive press releases? I don't get it. I dont blame this on the directors. The price was already low

[Sharegar777]

 Someone must be to blame for the current crisis and the silence from the Directors is deafening. In the not-too-distant past there has been a long series of video interviews posted for all to see and often the SP seemed to benefit.  At a time when the company needs good PR there is no sign of life (might have to go to Mars for a better chance). Why not come out and explain the “great

[deet]

I agree. It's like a 4-alarm blaze and fire fighers are nowhere in sight. Management's No.1 responsiblity is to raise shareholder value. All the other stuff is hogwash.