Maxim Resources Inc. V.MXM

Primary Symbol: MXMSF

Energy

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

Maxim Resources Inc.

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Comment by SRT10on Mar 12, 2008 11:07am

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Post# 14645970

RE: All kidding aside...

It is curious they would say how short the drilling time is/per well and then say it will take 6 month or more to get product to market. That would infer more hurdles to jump over. I would think it has to do with the restrictions of the environmental approval. But that is a guess. the question is does one sell into strength and wait for another entry point after they stumble in the eyes of the market. I would think they will stumble again. Thing will get interesting if MXM breaks the .30 - .35 mark.

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