Maxim Resources Inc. V.MXM

Tommer/Burgoyne

[Pennypicker4]

Must admit Burgoyne in this particular situation, I have to agree with Tommer.He has given a number of illustrations where Companies are trading at much higher prices that would appear to havea lot less less to offer than Maxim. What stands out with MAXIM is the FUTURE VALUE in the 8-10 wells that have yet to be drilled!!!! You can play this down but you'll have one heck of a job in convincing any of us that this does not ADD a LARGE NUMBER of Barrels per day to whatever results from the first well. Don't forget too that the Values we're looking at DO NOT include anything for the Texas, PEI Properties the Company will be working on. I think we can all take a certain amount of negativity and it is always good to be objective and look at the worst scenerio, something you come across as doing. But the BOTTOM LINE is telling us that the MARKET is placing a LOT LOT more value on whatever this find turns out to be than you ever imagined. In your favour you openly admit this and I hope that IF the flow rates and probable reserves exceed your expectations, you will finally take a position, albeit at what might be 2-4 times the price you could have bought the shares at a month or so ago. When I think of HAO and how they took that stock to $1.80 on what? We have so so much more and the potential here IMHO is unlimited but I do agree that we will be able to discuss this a lot more intelligently WHEN THE RESULTS ARE RELEASED. Incidentally are the Markets open on Monday ? I understand the Banks are closed in conjunction with Rememberance Day