Maxim Resources Inc. V.MXM

RE: TAKE A SHOT

[SRT10]

I'm not sure who the bashers are , right now , I know there are a few. Anyway @ .065 to .07 the downside is limited to .07 /share  LOL just joking.  but the upside is tremendous IF they (Jasmin) produces oil at a net profit.  There has been 4.2 mil spent in TnT , which they have written off 1.2  (just as a moot point these SOB's can't post the latest PR and financial to their web site (what a bunch of freakin' losers , they don't care enough about the company to update the website). So you have to ask yourself are these guys looking after your companies finances prudently?
are they getting a return on and of the capital?  you have to ask yourself will they have more income than expenses? will their cash position increase in the 3rd quarter.  then look to see if you funds will return some profit. So far the answers are no.  Do they still have the 47 wells ?  I would guess if they put out 69% of the drilling costs and have no control over those costs and just wait for profits to occur of course they could participate in those wells providing they could come up with that 69% .  so far 4.2 mil has produced 5 wells, do the math.  The wells were drilled  Dec 11/08
it is Sept 11 today and I don't know if they are trucking the oil or is pipeline in place or will it require mo' money.  It is 9 months later and do we have a pipeline?  Colin refuses to talk to me so I don't know how the pipeline is coming along.   Good luck with your investment but wholly crap are the Rare Earths on a tear and the junior golds are rocking.  

As for calling you names for buying stock not a chance , there is a good shot at making good money but the liquidity of this stock is not to my liking.


".there is a discovery here just need somebody to take the bull by the horn"

there is no doubt about the oil , just in the ability of turning the oil in TnT into cash in the coffers of MXM.    I guess we will wait and see . I'll hold the shares I have till $1 or zero which ever comes first.