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: ando who wrote (544)	6/30/1997 2:28:00 PM
From: James Berg	of 751

I know MXR's option to acquire 20% of Mina Claudia is just an option at this point. Frontier has in the past reported 80% ownership with NPEC having the other 20% when in fact MXR had the option to acquire 20%. I believe MXR is trying to raise funds to exercise the option. Hard to say for sure how things will turn out, but I don't think it's clear that MXR won't get the 20% as some have speculated. One of the project geologists is on MXR's board, as well, so I'm not sure they will be so quick to just give up without a good attempt. Nothing worth doing is ever easy... --James

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