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Gold/Mining/Energy : MXR MAXIMUM RESOURCES INC. (VSE:MXR) UP?
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To: James Berg who wrote (575)8/5/1997 2:59:00 PM
From: J. Nelson   of 751
 
Hi! J. Berg: The only reason for Cannacord on the buy side could be they

may be in early on something of a deal that will need a PP, issue of stock
so they would buy at the market over some time to gain cheep stock to
sell when a PP or eop, deal is near. That is just a guess yet there have been
many of the same style buys early just pre a move on issues that MM are
in on way ahead of us stockholders. The bid was 49,500 at .11 and they took
out the .13 cents to buy the block. If you know or read of any thing
let us know as when the market moved last time on MXR it did not look
back for long. Did they ever get close to the deal with a Chile project
they were talking of some time back? or would this move be a new one?
Have a thought on the movement?

Regards,
JNelson
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