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Gold/Mining/Energy : MXR MAXIMUM RESOURCES INC. (VSE:MXR) UP?

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To: J. Nelson who wrote (248)3/29/1997 6:03:00 PM
From: Tom McIlwain   of 751
 
<< It is a good clue when management takes a stand with a 10% ownership.>>

Just took a second look at the news release. I notice it says "beneficial ownership" of shares.

Do you know what that refers to?

By the way, the way MRX held up on Friday is a good indicator - make no mistake about it. Just don't think the volatility will be over for a few days yet.

Apparently at the recent mining conference in Toronto there was a lot of excitement about NPEC and Maximum Resources as well. It even got mention in a publication called Bidding on Bay St. which does not normally cover junior mining stocks like that (although they did also recommend Adamas a while back).

Tom McIlwain
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