MXR - Maximus Resources Ltd

[Serpie]

Things might start to get interesting here, so it deserves it's own thread.

NTA makes up about 95% of the current market cap, and options are due to expire at 20c in June. Current SP of 15c.
I believe that if the options expire the company flushes about $6.5M worth of paper down the toilet, so plenty of incentive to give this one a hurry along.
Announcement due out this week regarding target reserves, with vanadium being the ticket.

Anyone else want to confess to holding?

[Shrewd Crude]

Mackdunk picked this stock for the ASX competition...
Buy buy buy...
I personally have no idea...
You holding me man serp?
:cool:
.^sc

[Serpie]

I am indeed my friend. Bought them last week.

I was looking at the comp picks last night, and saw that the wiley old campaigner MacDunk had picked them, and immediately regretted my decision. Just kidding!
I actually think that he meant to pick MRX rather than MXR, but had probably had a few too many whiskeys and made a typo.

Also picked by Tertuillian and Tok3N.

I know of at least one other who is holding, but I won't blow their cover.

[STRAT]

I know of at least one other who is holding, but I won't blow their cover.Mate, feel free to blow away. My holdings are no secret no matter what Macca says. I dont put em at the bottom of my posts cause to be honest I doubt anyone would be interested:D

[Serpie]

And there he is.
This one's a winner Strat. I can feel it in my bones.

[STRAT]

And there he is.
This one's a winner Strat. I can feel it in my bones.In your bones eh? My stomach usually has more to say than my bones. Speaking of gut reactions I dumped NSL again today. It has proven to be a fairly predictable trading stock :D Of course I may be filled with sellers remorse if the big ann does actually come :eek: With a bit of luck the DOW might tank again and I can have a third crack at it.

[Tok3n]

Well these guys have listed options coming up soon which they probably want in the money for cash, so I guess the PR machine will have to go into over-drive lol.

I don't have a lot, but liked its gold projects + iron ore and uranium prospects are a bonus too + ultra low market cap too for its asset base.

[Serpie]

I dumped NSL again today. It has proven to be a fairly predictable trading stock

Your timing has been spot on lately, so make sure you let me know if you're dumping MXR!

[STRAT]

Your timing has been spot on lately, so make sure you let me know if you're dumping MXR!Sure I will but dont go mistaking a bit of luck for skill :eek:

[STRAT]

Serpie,
Looks like they found some Iron Ore :D. Be interesting to see what happens today.

I bet the person who sold at open at 15.5c will be pissed

[Serpie]

Looks that way Strat.

I had mine sitting at 19.5c, so they've gone and the cash is in bank. 45% in a couple of weeks will do me. On to the next one.

I might have to browse your portfolio again and see what else you're into!

[STRAT]

Looks that way Strat.

I had mine sitting at 19.5c, so they've gone and the cash is in bank. 45% in a couple of weeks will do me. On to the next one.

I might have to browse your portfolio again and see what else you're into!No need to let you know when Ive sold then:D

Careful with that portfolio mate, there are some dogs in there too;)

[Serpie]

Every dog has it's day Strat. Or at least I hope they do, cos I'm holding a few - waiting.

Well done on another winner.

[STRAT]

More announcements LOL. They really really want those options converted eh?:D Serpie when do they expire?

[Tok3n]

MXRO = 30 June

Touch and go.

[Tok3n]

Well these guys have listed options coming up soon which they probably want in the money for cash, so I guess the PR machine will have to go into over-drive lol.


PR machine online today.

Gold news next?

[Serpie]

Next month Stratski.

I did it again. Bailed too early. Did the same thing with AKK and missed the top end.

That wee parcel is into PRE now, so hoping to catch a leg up there.

[STRAT]

MXRO = 30 June

Touch and go.Thanks Tok3n. and the conversion price? Im thinking these anns are a tad early if that is their intention so can one surmise they have more to come to keep the price up till then? As you say Tok3n " Gold next" ???

Options up 850%. mmm should have bought some of those

[Tok3n]

20c for both I think.

[Shrewd Crude]

well done serp...
nice pick...
Yourve got mackdunk back in the comp after all the interest you have stirred up on this thread...
Ka boom...
:cool:
.^sc

[STRAT]

:DMy first bagger Yay:D Sold half Serpie, will see what happens with the rest.

Are any of you holding the options :eek::eek::eek::eek::eek: up 1650%

[Serpie]

Good on you Strat!

I'm sitting in the corner, rocking back and forth, and chanting "The glass is half full. The glass is half full".

Thanks Shrewdy. MacDunk will be even more unbearable now!

[STRAT]

Good on you Strat!

I'm sitting in the corner, rocking back and forth, and chanting "The glass is half full. The glass is half full".

Thanks Shrewdy. MacDunk will be even more unbearable now!That could be me in a few days with NSL but ask yourself "how many times a year do I make 45% in 2 weeks" ;) and Macdunk is OUT of the market

[Tok3n]

Any thoughts on whether the Vanadium can be produced economically?

+ imagine the target was hematite 60% grading (DSO) instead lol....

Oh while, best gold junior for me so far, especially those options. Come on PRE, your turn now

[countryboy]

jumped on this days before the selheim ann and thought i could turn a fast buck In at 15c. it went nowhere..out today at 25c. The Bird in hand project in the Adelaide Hills looks good but getting a mine up close to Adelaide may prove too hard to do.South Australians and especially Adelaide dont encourage development. Sweeping statement i know but Adelaide has a history of knocking back any developments in the Hills and city.

66% gain in 3 weeks yeha

[STRAT]

Wow back down to 21.5c today. Talk about your 15 minutes of fame :eek:

[Serpie]

Looking attractive again at these levels Strat. Might give it another couple of days to settle down though.

[STRAT]

Looking attractive again at these levels Strat. Might give it another couple of days to settle down though.Hey Serpie,
Its been a couple of days plus and we are at 20c Oppiies at 2c. Now the oppies expire end of next month and the heads need to be at 27c+ for them to be converted.

So, who else here is thinkin these guys have something else up their sleeve and think it might be worth another punt?

Options will be 1c by the end of the month. If it was me and I had one more rabbit in my hat. I would be wanting to pull it out 1st -2nd week next month. What do you guys think?

[Serpie]

I agree Strat. Now that I've seen these guys in action I think there's money to be made here.

Maybe not the big gains of last time, but certainly something respectable.

Maybe gold this time?

I've got no funds to play this at the moment though, so will have to watch.

[STRAT]

I agree Strat. Now that I've seen these guys in action I think there's money to be made here.

Maybe not the big gains of last time, but certainly something respectable.

Maybe gold this time?

I've got no funds to play this at the moment though, so will have to watch.Notice recieved Serpie. Will this be the rabbit? I wonder

[STRAT]

Notice recieved Serpie. Will this be the rabbit? I wondermmmm, I dont think so. Its going for a wee jog this morning. Dont reckon it will hold though.

[Serpie]

More of the same. The market likes it.

[STRAT]

More of the same. The market likes it.Mostly a "we are opptimistic" ann. I suspect quite a few traders were thinkin the same as we were so it was bound to go for a bit of a spurt. Havent read the ann through but I suspect it will turn out to be a false start by mid afternoon or sooner. Almost put an order in @ 21 but then thought better of it.

Someone paid 5c for 70k of options :eek: Thats optimistic

[SCHUMACHER]

Bought MXR last week at 20c and sold at 25c ......was a good trade ....it got hammmered at the close with someone dumping 700,000 parcel at 21.5c....now that drilling has commenced on "BLOCK 1" It may get interesting......still think traders are playing with this one so it pays to play their game also............the announcement looked promising but lorts of people took profit soon after announcement....i guess i was one of those who got the trading range spot on...........im looking for another entry around 21c ........appears the grades of FE were encouraging from the previous drill samples which were infact taken from the lesser areas of raidomagnetic survey done late last year..........now they have shifted focus to the centre of the anomoly...could be a company maker , hope so as the Gold project is not going to make them rich......only 16,000 ounces of known resource

cheers SCHUMACHER..........GO scott dixon.....INDY 500 WINNER 2008!! HE CERTAINLY SHOWED UP THE YANKS....LOL