MXR MAXIMUM RESOURCES INC. (VSE:MXR) UP? Message Board

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

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To: Dave Annot who wrote (369)	4/22/1997 2:58:00 PM
From: Tom McIlwain	of 751

Dave: <<But since the treasury is well stocked thanks to us, you probably don't care much where the price goes. >> You are quite wrong to assume that. If you figure out how much money is currently in the treasury, you will see that it is no where near enough to satisfy the obligation of the company to fund 25% of costs of exploration up to the feasibility stage. This company will need to raise quite a bit more money on the market over the next year. One thing I am curious about is whether or not those warrants exerciseable at $0.25 are being excercised at this time. Tom McIlwain

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