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Maxim Resources Inc. V.MXM


Primary Symbol: MXMSF

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

Bullboard Posts
Comment by SRT10on Aug 18, 2010 12:39pm
285 Views
Post# 17361509

RE: Art and Colin are in a pickel

RE: Art and Colin are in a pickelWith the bid @ .20 and weak it must be hard to sell this PP.   With the history of letting the warrant expire worthless it is not much of an incentive to buy the PP.  I still wonder if HI can accually bankrupt the company if there were to be a storm near the well .  the last episode cost a great % of the interest in the well but what if the liabilities exceed the revenue by a long shot since we owe most of any profit to that $ 700,000  debt.


I understand why Tommer can't say where the $10 mil will come from from.
  
"The completion of the proposed purchase is subject to a number of conditions including,
negotiation and execution of a definitive agreement."

There really is no deal. It seems kinda like a Mr. Boffo strip I read a few years back where he comes home from work and yells "break out the champagne Johnny lent me enough money to buy the lottery ticket."

Good luck with the sell job .  see ya sub .20 soon.
Bullboard Posts

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