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Gold/Mining/Energy : Maxx Petroleum-MXP,TSE
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To: Crocodile who wrote (82)4/29/1998 9:03:00 PM
From: Steve Johnston   of 106
 
The consolidation stinks. There is no reason for it as there are only 54,000,000 shares outstanding. I for one have voted against it. I suggest others follow or don't bother complaining when the share sinks to $4.00 post consolidation. I think management's ego is driving things. They want to see a higher value, so they can dupe investor's into thinking Maxx is semi "Blue Chip". It won't work. Having said all this, I still like the company long term.
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