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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 25, 2010 11:18am
258 Views
Post# 16923171

RE: RE: RE: Looks better - Trades & Depth

RE: RE: RE: Looks better - Trades & Depth"wonder if the DEAL specifies getting some shares as compensation"

I was told that the deal wasn't going to be dilutive to the MXM shareholders , but that was a while back.
I also heard the London connection was going to finance the drilling. 


 "Knock it down so they get more bang for the buck?"

I would say from my own experience that it was the way they treat their shareholders is why someone said to them selves, get me out. There are a lot of juniors to make some money in. This has been dead money for a while and shareholders don't like dead money management calling them whatever. I don't think it's a ploy,  just some large shareholder getting out. 


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Dealroom for high-potential pre-IPO opportunities
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