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Bullboard - Stock Discussion Forum 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... see more

TSXV:MAX - Post Discussion

Max Resource Corp > Now that the hype is over on MAX
View:
Post by Bigoil2113 on Feb 07, 2023 1:09pm

Now that the hype is over on MAX

This thing will come down to the 15 cent range until further drill results are released. Those results need to be stellar for this thing to climb back up. 

will take a year or so.

Comment by Sharegar777 on Feb 07, 2023 4:12pm
 You might be correct about 15c being reached. However, this would represent a quarter of the price $17m was raised at (60c). So, does that not represent a bargain considering very little data has been released fom the work carried out/to be carried out?  Jan 23 presentation has the cash position of the company at  >$16m. Current Mcap $35m at 21.5c.  When is next cap ...more  
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