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Max Resource Corp V.MAX

Alternate Symbol(s):  MXROF

Max Resource Corp. is a Canada-based mineral exploration company advancing the newly discovered district-scale wholly owned Sierra Azul Copper-Silver Project in Colombia and its wholly owned Floralia Hematite Iron Ore Project in Brazil. The Sierra Azul Project is a district-scale copper-silver project spanning 120-km along the 200-km-long Cesar Basin in the mining region of northeastern Colombia. The Project consists of 20 mining concessions spanning over 188 square kilometers (km2). Its exploration is focused on three districts at Sierra-Azul: AM District, Conejo District, and URU District. The Floralia Hematite Iron Ore Project is located 70 km southeast (SE) of Belo Horizonte, Minas Gerais. The Floralia Hematite open cut is of significant size consisting of five benches rising to 48 meter (m) and 160 m in width revealing plunging bands of hematite iron ore at the base, and sub-horizontal banding at the top of the open cut and is open in all directions.


TSXV:MAX - Post by User

Bullboard Posts
Comment by TheGrimReeperon Jun 11, 2019 7:02pm
51 Views
Post# 29816816

RE:RE:RE:RE:What is the realistic target price in 3-6 months?

RE:RE:RE:RE:What is the realistic target price in 3-6 months? Sorry Rodney but I don't make bets with anonymous posters on public stock forums and I don't smoke cigars.

MXR might touch $2.00 for a brief time but the odds of that happening within 6 months are very low at this stage of MXR's mining cycle.  I expect a lot of price volatility but little in the way of lasting material news that will sustain a much higher SP.  I really don't care.  I am not here for the longterm.  I am a swing trader so the volitility is a good thing for me.


I used to follow Pezim's career way back in the day.   I have seen many penny stocks go from a few cents to a few dollars and back to pennies again within 4 to 6 months and a few went down sooner.  That is the setup I look for.   That is also where the big money is made with the junior resource stocks.  It's also where the most inexperienced investors become bagholders.


Do those girls call you Rodney or Rod?  I'm guessing the girls like the Rod.
Bullboard Posts