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Maxim Resources Inc. V.MXM


Primary Symbol: MXMSF

Maxim Resources Inc was incorporated on January 25, 1988 in Canada. The Company is an oil and gas exploration company. It is engaged in acquiring, exploring and developing oil and gas properties in Canada, United Kingdom and Morocco. The Company's project portfolio includes the assi Berkane Block is located onshore in the northeast part of Morocco and encompasses 5,116 km with 2-D seismic data.


EXPM:MXMSF - Post by User

Comment by leverage1971on Oct 23, 2015 10:06am
83 Views
Post# 24220096

RE:RE:RE:Insider Buying

RE:RE:RE:Insider BuyingCan confirm that all stock purchased in this period has a 12 month hold... Art has
taken 1% of the issued off of the table... now we need the AIM listing to get done... forget
doing so on time... just get it done. Maaxy I share your frustration and these guys have
been the makers of their own bed as far as missing timelines... when it comes to the market
I know of more than 2 dozen O&G's that are trading at half of cash... these are mid tier producers.

They are funding themselves and are getting no love from the market. This oil "bear" can't last forever as there are too many powder kegs around the world that will eventually blow and bring back the geopolitical premium for oil...

Our valuation at 20 cents based on Morocco might have been a bit rich but property is still there
as is the RC. The reality is there isn't alot of stock out there as much as it appears there is stock moving around every day at these levels. If and when (fingers crossed) the AIM happens
we are talking about a relatively low share count SPLIT between two exchanges.

Just my thoughts
Lev
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