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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

Comment by InvestAU1on Mar 29, 2022 3:50pm
189 Views
Post# 34556589

RE:HRA Advisories on TSX-V MAX Resource Corp. $Max $MXROF

RE:HRA Advisories on TSX-V MAX Resource Corp. $Max $MXROF Nice recommendations for MAX.    Buy on any pull back if any but may happen when it hits its old high of 55cts.    Listen to Eric Coffin. I followed his recommendation for Greatbear resources and I had very nice return.    As an investor you need lot  of patience and keep on the top of fundamentals.   Follow the technical chart as well and look for very overbought conditions and major resistances.
Here is simple chart to review yoiur technicals for MAX. Pay attentions to R1 and R2 resistances on weekly chart.  R1 at 44cts already taken out.  R2 stands at 63.5 cts.
MAX.V | SharpChart | StockCharts.com
Weekly Chart click here

Buy LOW and sell HIGH.  In an uptrend market, you  buy HIGH and it still goes higher.
Based on what price you paid, you make your own decision to sell to reduce your cost price.  If fundamentals get bad, just sell and do not hang around for recovery. This happened to MAX in March-April 2019.  OOoops.!!


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