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Bullboard - Stock Discussion Forum Max Resource Corp V.MAX

Alternate Symbol(s): MXROF

Metals & Mining Copper

Max Resource Corp. is a Canada-based mineral exploration company exploring the sediment-hosted copper district in Colombia and direct shipping ore (DSO) iron ore within the Iron Quadrangle in Brazil, hosting some of the DSO mines in the world. Its Sierra Azul is a district-scale copper-silver project spanning 120- kilometers (km) along the 200-km-long Cesar Basin in the mining region of... see more

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Bullboard (TSXV:MAX)

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Post by deeton May 17, 2024 9:35am

An update would be nice

OK....how much longer are we gonna be halted here? Let's get the show on the road....or at least an updated news release from management. Bids and asks at 15 cents aren't pretty right ...more

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Comment by bigcomebackon May 17, 2024 8:29am

RE:re Freeport / MAX deal

With a current market cap around $25M, a $1B value is $200M to Max or 8x on the shares from here.

116

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Post by PressReleaseon May 16, 2024 11:51am

New Press Release - Max Resource to Purchase the Floralia Hematite Iron Ore Property in Brazil

Vancouver, British Columbia--(Newsfile Corp. - May 16, 2024) - MAX RESOURCE CORP. (TSXV: MAX) (OTC Pink: MXROF) (FSE: M1D2) ("Max" or the "Company") is pleased to announce the completion of diligence in regard to a conditional Letter of Intent ("LOI") with Jaguar Mining Inc. ("Jaguar"), signed on...read article.

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Post by nopooon May 16, 2024 10:23am

re Freeport / MAX deal

Freeport is going to spend $50m. If CESAR is what we think it is, MAX will own, at no further dilution to itself, 20% of whatever Freeport's money finds/drills. & ...more

205

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Post by ashfordon May 15, 2024 7:48pm

If I was to vote

I am a shareholder and find the news release very vague and conditions very loose. I would vote yes on 20 million within 2 years and 50 million in 4. Are they serios about finding copper? The ...more

201

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Comment by nopooon May 15, 2024 11:27am

RE:RE:RE:re Halt, losses/wins

A knee jerk reaction to doing an earn-in with the worlds biggest copper miner and one of the world's largest mining companies by market cap. https://companiesmarketcap.com/mining/largest-mining ...more

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Comment by bigcomebackon May 15, 2024 11:17am

RE:RE:re Halt, losses/wins

It's 80 percent but the point is having a major like Freeport dealing with the government and funding $50 m of drilling to prove out a potentially multibillion dollar property is better than ...more

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Comment by bigcomebackon May 14, 2024 4:29pm

RE:RE:re Halt, losses/wins

I see it being similar to a tech founder taking on major investors with the view that 20 percent of a huge company (or property in this case) is better than having 100 percent of a small company (or ...more

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Comment by rdesmaraison May 14, 2024 4:12pm

RE:re Halt, losses/wins

thank you CIRO this is a good deal for Freeport not so much for current owners...giving away 85% of the future company for the paltry payment to MAX smells.

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Post by nopooon May 14, 2024 1:04pm

re Halt, losses/wins

CIRO thinks a shareholder vote needs to be done because more than 50% of MAX's value might be in CESAR. Max is working with exchange to straighten this out. I have had losses, but if you ...more

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Comment by ecolo101on May 13, 2024 3:38pm

RE:Re Richard Mills like it

Do your due diligence and watch from the sideline as long as you can because he was also a big fan of GTCH and have a look on v.gtch juniors are pretty risky so don't invest what you can not ...more

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Comment by deeton May 13, 2024 3:20pm