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.

TSXV:MAX - Post by User

Max Resource Corp

Bullboard Posts

Post by brodanon Oct 24, 2008 9:48am

298 Views

Post# 15545516

cash versus # of shares

Here is another one. I know the market is getting hammered and know one wants to buy anything right now, however everyone must keep their eyes open for the good deals that are floating around. MXR is one of those great deals that are rare indeed. Great management, an excellent geologist and lots of cash. After all work done still 4.7 million in the bank. 21,549,230 shares oustanding, that's $0,218 cents per share........ya that's right, another one trading at discount to cash in bank.....with amazing properties......

Good luck to all and please continue to do your due diligence.
Cheers.

Bullboard Posts

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