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Gold/Mining/Energy : MXR MAXIMUM RESOURCES INC. (VSE:MXR) UP?
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To: Tom McIlwain who wrote (27)12/14/1996 8:59:00 PM
From: Merle Goertz   of 751
 
Tom,

You are absolutely correct. That is part of the risk and why the stock is available at $.15. I'm confident that we are just looking at time but when they can announce the completion of the option I think that we will see a $.40 to $.50 stock very quickly and if the news is as good as I am expecting from the drill program, a couple of dollars in fairly short order is not out of the question.

Hang in there Tom,

Merle
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