EXPM:MXMSF - Post by User
Post by
Goodspeculatioron May 20, 2014 6:53pm
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Post# 22579900
Maxim moving forward?
Maxim moving forward?Certainly without being overly optimistic, the Maxim Management appears to be rebuilding the confidence of its shareholders by making some very astute decisions.
The recent acquisition in Morroco could be bigger than most of us envision based on the analysis of the property acquired.
Trinidad was a disappointment due to what appeared to be the legal issues pertaining to the ownership. At this point we do not know whether a satisfactory resolution has been reached. But if it has then hopefully it will benefit Maxim.
Oil is over $100 a barrel and if there is a discovery in Morroco on the property Maxim has acquired tand we can look forward to finding out the exploration program and when it is scheduled to begin.
I bought a few shares and will buy more based on the upcoming developments and as the interest in the Company grows.
Definitely there is reason for optimism and this is starting to be reflected in the share price. GLTA JIMHO