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.

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Maxim Resources Inc.

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Comment by SRT10on Jun 01, 2009 8:21am

220 Views

Post# 16032229

RE: RE: RE: Partially OT - PBR looking up

"The cheap insider warrants should expire because there was no timely performance"

I agree , the next question is could the company get the share price up for those .25 warrants to be in the money. They will have to over come the head winds on the share price if they trade again.

"However, I am not sure that I would want to be associated with the individuals running the company. "

I would think this is going to be a problem going forward, unless of course they show some production with good netbacks and recycle ratios. (that will be interesting, the goodwill seems to be spent). Let alone the selling pressure.

So lets see if those warrants will be in the money.

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