Max Resource Corp V.MAX

Alternate Symbol(s): MXROF

Metals & Mining Industrial Metals & Minerals

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 the Andean belt. Its CESAR copper-silver project has mining concession contracts covering over 170 square kilometers. It has three high-grade copper deposits: Uru, Conejo and AM Copper silver Zone. It has exclusive rights to acquire 100% of RT Gold Project located approximately 760 kilometers North West of Lima, Peru. The RT Gold property features two primary zones for exploration: CERRO and TABLON. The CERRO zone is a bulk tonnage gold-bearing porphyry, and the TABLON zone is a high-grade gold-bearing massive sulfide.

TSXV:MAX - Post by User

Max Resource Corp

Bullboard Posts

Comment by TheGrimReeperon Jun 11, 2019 1:10pm

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Post# 29815755

RE:What is the realistic target price in 3-6 months?

astonbay wrote: Please explain your reasoning. Thanks

My guess is we'll see MXR back in the 10.5-ish area during that time and maybe another price rally into the .20 area if assay results are good during that time also. MXR is in the early Speculation part of the Exploration stage of their mine life cycle so you should expect a lot of SP volatility during the exploration stage that often lasts for several years.

Meanwhile, try not to get "too far out over your skiis" when investing in a junior resources company like MXR that is in the early exploration stage of it's mining life cycle.

Bullboard Posts

High-grade gold potential in the world’s best mining jurisdiction