Maxim Resources Inc. V.MXM

The Trinidad story is about to unfold

[Pennypicker4]

The next couple of weeks are going to be really interesting as the flow tests commence, the results of which will determine where the share price is going. My understanding is that there is EVERY reason to be optimistic.There are a NUMBER of payzones to be tested, each of which, has the potential to produce a significant amount of Oil. This well could be just the start. I understand there are at least 6-8 other Wells to be drilled in early 2007 and there is lots of optimism about the ultimate amount of Oil that will be produced in Trinidad. I think many of us would agree that based on all of these happenings, the share price does in no way reflect the actual value that has been built into the shares of Maxim Resources. Bear in mind that a couple of months ago the Company had a Private placement, OVERSUBSCRIBED, raising in excess of $1.2 million. The subscription price was 25 cents, equal to yesterday's closing price. My opinion is that the share price has been kept "artificially low" by a couple of MAJOR SELLERS who for whatever their reasons might have been "wanted out"(Sellers using Dejardins and Anonymous). I think those of us who have bought shares recently should thank our friends for keeping the share price at the level its at as otherwise I genuinly believe we'd be in the 40's well above the private placement price of 25 cents that we're still trading at. Other encouaging factors include the significant increase in the trading volume, particularly on Monday when the volume exceeded 1.5 million shares. (making it the THIRD most active stock on the TSE Venture exchange!!!). Logically you have to ask yourself the reason for the activity and its not too difficult to find the answers. Good Luck to all, I genuinely believe we're in for some exciting times ahead!!!