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Bullboard - Stock Discussion Forum
Max Resource Corp
V.MAX
Alternate Symbol(s):
MXROF
Metals & Mining
Industrial Metals & Minerals
Max Resource Corp. is a Canada-based mineral exploration company advancing the newly discovered district-scale wholly owned Sierra Azul Copper-Silver Project in Colombia and its wholly owned Floralia Hematite Iron Ore Project in Brazil. The Sierra Azul Project is a district-scale copper-silver project spanning 120-km along the 200-km-long Cesar Basin in the mining region of northeastern...
Colombia. The Project consists of 20 mining concessions spanning over 188 square kilometers (km2). Its exploration is focused on three districts at Sierra-Azul: AM District, Conejo District, and URU District. The Floralia Hematite Iron Ore Project is located 70 km southeast (SE) of Belo Horizonte, Minas Gerais. The Floralia Hematite open cut is of significant size consisting of five benches rising to 48 meter (m) and 160 m in width revealing plunging bands of hematite iron ore at the base, and sub-horizontal banding at the top of the open cut and is open in all directions.
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Bullboard (TSXV:MAX)
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(52)
•••
nopoo
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Post by
nopoo
on May 23, 2024 1:02pm
Silver eyes $50? TD Securities predicts major breakout
Silver eyes $50? TD Securities predicts major breakout after $31 support holds https://aheadoftheherd.com/silver-eyes-50-td-securities-predicts-major-breakout-after-31-support-holds/… #Silver $SNAG
(52)
•••
nopoo
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Post by
nopoo
on May 22, 2024 2:04pm
Six new large mines need to come online annually by 2050....
Six new large mines need to come online annually by 2050 to meet global copper demand Mining.com wrote up the beloww linked to copper demand article - Interesting chart included https://www.mining
...more
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(52)
•••
nopoo
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Post by
nopoo
on May 22, 2024 10:37am
Copper Mining and Vehicle Electrification
Copper Mining and Vehicle Electrification https://www.ief.org/focus/ief-reports/copper-mining-and-vehicle-electrification#:~:text=To%20electrify%20the%20global%20vehicle,require%20negligible%20extra
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(19)
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deet
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Post by
deet
on May 22, 2024 9:38am
MAX
Why are we still halted? Emailed the company yesterday with the same question. Haven't heard back from them yet.
(13)
•••
bigcomeback
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Post by
bigcomeback
on May 21, 2024 11:13am
Freeport CEO interview
Coming up on CNBC in a minute
(19)
•••
deet
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Post by
deet
on May 17, 2024 9:35am
An update would be nice
OK....how much longer are we gonna be halted here? Let's get the show on the road....or at least an updated news release from management. Bids and asks at 15 cents aren't pretty right
...more
(13)
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bigcomeback
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Comment by
bigcomeback
on May 17, 2024 8:29am
RE:re Freeport / MAX deal
With a current market cap around $25M, a $1B value is $200M to Max or 8x on the shares from here.
(0)
•••
PressRelease
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PressRelease
on May 16, 2024 11:51am
New Press Release - Max Resource to Purchase the Floralia Hematite Iron Ore Property in Brazil
Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to announce the completion of diligence in regard to a conditional Letter of Intent ("LOI") with Jaguar Mining Inc. ("Jaguar"), signed on...
read article.
(52)
•••
nopoo
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Post by
nopoo
on May 16, 2024 10:23am
re Freeport / MAX deal
Freeport is going to spend $50m. If CESAR is what we think it is, MAX will own, at no further dilution to itself, 20% of whatever Freeport's money finds/drills. &
...more
(4)
•••
ashford
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Post by
ashford
on May 15, 2024 7:48pm
If I was to vote
I am a shareholder and find the news release very vague and conditions very loose. I would vote yes on 20 million within 2 years and 50 million in 4. Are they serios about finding copper? The
...more
(52)
•••
nopoo
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Comment by
nopoo
on May 15, 2024 11:27am
RE:RE:RE:re Halt, losses/wins
A knee jerk reaction to doing an earn-in with the worlds biggest copper miner and one of the world's largest mining companies by market cap. https://companiesmarketcap.com/mining/largest-mining
...more
(13)
•••
bigcomeback
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Comment by
bigcomeback
on May 15, 2024 11:17am
RE:RE:re Halt, losses/wins
It's 80 percent but the point is having a major like Freeport dealing with the government and funding $50 m of drilling to prove out a potentially multibillion dollar property is better than
...more
(13)
•••
bigcomeback
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Comment by
bigcomeback
on May 14, 2024 4:29pm
RE:RE:re Halt, losses/wins
I see it being similar to a tech founder taking on major investors with the view that 20 percent of a huge company (or property in this case) is better than having 100 percent of a small company (or
...more
(8)
•••
rdesmarais
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Comment by
rdesmarais
on May 14, 2024 4:12pm
RE:re Halt, losses/wins
thank you CIRO this is a good deal for Freeport not so much for current owners...giving away 85% of the future company for the paltry payment to MAX smells.
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