MXR - Maximus Resources

[YOUNG_TRADER]

Hey guys,

lol thanks for the kind words and the kind pm's

This really makes me happy when we all on ASF can buy a stock and have it go up 100%+

Those who paid attention around 14c-15c are being handsomely rewarded

There is a hell of alot of volume going through today, alot more than just traders me thinks,


This is a big call I know but I'd say that we will see a "Becoming a substantial shareholder" notice in a few days the volumes today are now over 1/3rd of the total stock on issue

 

[benwex]

Hey guys,

lol thanks for the kind words and the kind pm's

This really makes me happy when we all on ASF can buy a stock and have it go up 100%+

Those who paid attention around 14c-15c are being handsomely rewarded

There is a hell of alot of volume going through today, alot more than just traders me thinks,


This is a big call I know but I'd say that we will see a "Becoming a substantial shareholder" notice in a few days the volumes today are now over 1/3rd of the total stock on issue

very big call...

It was not that long ago that MXR went cup in hand and ended up hitting up the share holders. I am sure an institutional investor would have been the prefered option for the pultry $15M that they raised through a share placement at 20c which drove the price down hugely..

These 2 iron ore projects were always in their portfolio and surely the instos are not that much asleep at the wheel??

I have in a former life worked for a capital markets team in a bank with a great presence in the resource sector and they are pretty much all about bank feasability studies and proven resoures...

I would not like to go to investement committee with MXR at the moment!

just my thoughts.

benwex

 

[juw177]

Thanks YT. By the looks of it, the speccies in your portfolio must have had a windfall profit in the last week.

 

[JTLP]

YT I COULD KISS YOU!!!

ZOMG YEAH BABY COME HERE LET ME PLANT ONE ON YOUR LIPS!!!

Haha thanks a million son. I was at work, checked the shares and was rubbing my eyes in disbelief...

Whoever held the options...MXRO...kudosssssssssssssssssssss

Thanks YT

 

[inefekt]

any short term predictions on this stock? ie next few days
will it come off a bit later today then go for a big run Monday morning?
I'm thinking the media release won't get published in major newspapers til the weekend which hopefully will generate even more interest. I googled MXR and only one news site is reporting this.
Stock is still buy heavy atm.

 

[YOUNG_TRADER]

again thanks guys

I can't get over the volumes going through, MXR has well and truly been re-rated

I've took some more profits at 30c though and am now going to trade around, am holding a nice free carried portion too


JTLP, what sort of Kiss are we talking here? :

Also re the options someone managed to grab about 140k from 0.009 - 1.8c this am, I wonder who that was

 

[tigerboi]

I know this much about the dr willis..hes a master of the desktop exploration announcement,done it at FDL(they got 7m MXR) with the "concept" anns,now again with MXR the "state of the art" computer modelling..sign him up now!hes punched FDL 1400% on a concept & MXR 115% on a target..

He aint drilled a hole in either yet,BMY quick sign him up,good luck to holders.tb.

 

[hsv2001]

Hey, I brought some of the options today MXRO, and noticed they are June 08 options, what does this mean? What happens to them in June ?


Thanks, and what a great day, got in this morning at 18c p/s

Just wish I got into the options earlier 1300%

Marc

 

[njc.corp]

I know this much about the dr willis..hes a master of the desktop exploration announcement,done it at FDL(they got 7m MXR) with the "concept" anns,now again with MXR the "state of the art" computer modelling..sign him up now!hes punched FDL 1400% on a concept & MXR 115% on a target..

He aint drilled a hole in either yet,BMY quick sign him up,good luck to holders.tb.

Tiger-do u think he is an other andrew forrest kind of material-(but forrest is starting to deliver lately)

i listen to the audio broadcast on bbr and it seems to me he has a decent gab of the mouth on him

Whats your view-?

Thanks

Nick--

 

[thewahaman]

Congrats all who gained out of this, especially those with the patience to hold and top up over the past few weeks.

Hey I just realised - MXR was my tip in the annual stock tipping comp this year

 

[Markcoinoz]

I know this much about the dr willis..hes a master of the desktop exploration announcement,done it at FDL(they got 7m MXR) with the "concept" anns,now again with MXR the "state of the art" computer modelling..sign him up now!hes punched FDL 1400% on a concept & MXR 115% on a target..

He aint drilled a hole in either yet,BMY quick sign him up,good luck to holders.tb.

Tigerboi,

That is not correct.

MXR did drill 16 holes in January.
One of the drillholes at Canegrass had 1.16% of Vanadium which is a much higher grade than WVL with .47%.

They have a big target considering their figures are based only on 1 block.
There are another 4 to go.

Cheers markcoinoz

 

[smurfette]

120% mxr. 1300% mxro.

I am speechless. YT, thank you aplenty. Another big winner hey?
What are you doing with those profits? Beer, wine, champagne, cavier, clothes, bank or shares?

Smurfette

 

[tigerboi]

Tiger-do u think he is an other andrew forrest kind of material-(but forrest is starting to deliver lately)

i listen to the audio broadcast on bbr and it seems to me he has a decent gab of the mouth on him

Whats your view-?

Thanks

Nick--

Well atm he certainly aint no twiggy but hes trying to do a twiggy by ripping out the big anns to get the capital needed..my thought is willis will bring FDL & MXR together,id say that is what he is thinking about for the future..

Now doing desktop exploration,SOTA(state of the art)computer modelling is one thing but the next 2 things need to be done or its not on..

1.Capital

2.Transport(I work in this industry)

Its one thing to find 1bt of IO but you then have to get it to port.take AGO as a recent example.has anyone crunched the numbers as to how they are going to get ALL their tonnage out of abydos & turner river behind FMG'S curent 45mt??FMG has to upgrade the port & need to use bhp's line for the extra 10mt per year,where does AGO fit?(AGO will be eaten by FMG once they get the cash coming in)

AGO up at pardoo have a target of 14mt which they have to run to pt headland at 100t at a time with quad roadtrains,MMXrun the same 100t out of the mid west on a 1200 km round trip,this transport costs huge amounts of money,AGO also has 2 projects in the mid west like MMX,so until the railway to geraldton is finalised AGO will have to run the same as MMX gonna burn lots of cash,so the midwest will see more takeover/merger action.

Take the young BMY i like,they are north east of AGO & between BHP at goldsworthy right on the railway line,up at pardoo/telyagel their IO tenements are a contigious strike on the bhp nimingarra formation,they have the highway running through the tenements,the IO will go by conveyor to the coast,that shows how close they to the coast are. so goldsworthy on the rail,pardoo on the conveyor.huge costs taken care of by that geographical advantage.

my conclusion..fdl/mxr merger a big chance..
midwest consolidation must happen...mis,mmx,gbg,wgr..plus others

The 2 i like are on the coast,BMY & ARH(they are a sleeping giant...)

 

[tigerboi]

Tigerboi,

That is not correct.

MXR did drill 16 holes in January.
One of the drillholes at Canegrass had 1.16% of Vanadium which is a much higher grade than WVL with .47%.

They have a big target considering their figures are based only on 1 block.
There are another 4 to go.

Cheers markcoinoz

I stand corrected on that point but you forgot to mention the good dr willis did not release the 16 hole results...only the best hole!..44% magnetite,wow look out...master of the claytons exploration anns.
state of the art computer modelling for 44% mag. but anyone who offloaded for 100% then good on you...

 

[njc.corp]

Well atm he certainly aint no twiggy but hes trying to do a twiggy by ripping out the big anns to get the capital needed..my thought is willis will bring FDL & MXR together,id say that is what he is thinking about for the future..

Now doing desktop exploration,SOTA(state of the art)computer modelling is one thing but the next 2 things need to be done or its not on..

1.Capital

2.Transport(I work in this industry)

Its one thing to find 1bt of IO but you then have to get it to port.take AGO as a recent example.has anyone crunched the numbers as to how they are going to get ALL their tonnage out of abydos & turner river behind FMG'S curent 45mt??FMG has to upgrade the port & need to use bhp's line for the extra 10mt per year,where does AGO fit?(AGO will be eaten by FMG once they get the cash coming in)

AGO up at pardoo have a target of 14mt which they have to run to pt headland at 100t at a time with quad roadtrains,MMXrun the same 100t out of the mid west on a 1200 km round trip,this transport costs huge amounts of money,AGO also has 2 projects in the mid west like MMX,so until the railway to geraldton is finalised AGO will have to run the same as MMX gonna burn lots of cash,so the midwest will see more takeover/merger action.

Take the young BMY i like,they are north east of AGO & between BHP at goldsworthy right on the railway line,up at pardoo/telyagel their IO tenements are a contigious strike on the bhp nimingarra formation,they have the highway running through the tenements,the IO will go by conveyor to the coast,that shows how close they to the coast are. so goldsworthy on the rail,pardoo on the conveyor.huge costs taken care of by that geographical advantage.

my conclusion..fdl/mxr merger a big chance..
midwest consolidation must happen...mis,mmx,gbg,wgr..plus others

The 2 i like are on the coast,BMY & ARH(they are a sleeping giant...)

Tiger-thanks for the quick reply-

very good reading-
will do some homework on over the weekend on the others u have mention to c if i can understand what could happen-

from a basic point of view cost is the key here as u have mention-

Thanks

Nick--

 

[Markcoinoz]

I stand corrected on that point but you forgot to mention the good dr willis did not release the 16 hole results...only the best hole!..44% magnetite,wow look out...master of the claytons exploration anns.
state of the art computer modelling for 44% mag. but anyone who offloaded for 100% then good on you...

Tigerboi,

Wrong again!!!!

The results were released in the quarterly.
5 holes of the 16 were released which were of significance.

MNRC0006 0.84
MNRC0007 0.85
MNRC0012 0.38
MNRC0016 1.29
MNRC0017 0.89

The other point.

When you are talking about infrastructure - transport, doesn't it stand to reason that WVL and more importantly the Noble Group will be very interested
in the results of the Canegrass?

Considering that all infrastructure - transport and the 20 year life of the mine that WVL are aiming for to be in production by end of this year and given that all V205 has been presold over the entire 20year period, the real issue comes down to when will WVL/Noble make their move in a JV or other with MXR.

Not a question of "If" but "When".

There is no way known that FDL/MXR will join forces.
Don't know where you get that idea from.

If anything MXR may spin out the I/O separate to the Gold as a separate company exactly what they have recently done with FDL.

MXR already has many assets.

When the Canegrass has been drilled and Jorced then we will see some real action.

As for BMY, if you want something really in the hotspot check out UMC.
Their tenements are smack in the hub of all 3 big boys right next door to Block C.

As for MXR, they knew about the Vanadium potential along time ago.
That was why they bought the remainder of the Windimurra Complex.
Mark Creasy had previously owned a large block of it.

He also owns a large chunk of MXR.

The thing that changed the landscape was when WVL (PMA) announced the deal with Noble Group. That is what changed the landscape including the Vanadium prospect.


Cheers markcoinoz

 

[tech/a]

I'm interested to know from those that were lucky enough to hold this stock through friday.

(1) Who sold out on Friday.
(2) Who's selling on Monay.
(3) Who's made 100% and going to hold it.If so when would they sell?

 

[njc.corp]

I'm interested to know from those that were lucky enough to hold this stock through friday.

(1) Who sold out on Friday.
(2) Who's selling on Monay.
(3) Who's made 100% and going to hold it.If so when would they sell?

Tech- i am in the 100% group and i will still hold-i will sell at anything over .50

if u ask me why i did not sell-i will tell u that i am ready to loose what i have invested as it wont effect me to much all as i am not in a hurry--

I hope i dont come across as up-myself as i am not-

Thanks

Nick--

 

[tigerboi]

Tigerboi,

Wrong again!!!!

The results were released in the quarterly.
5 holes of the 16 were released which were of significance.

MNRC0006 0.84
MNRC0007 0.85
MNRC0012 0.38
MNRC0016 1.29
MNRC0017 0.89

The other point.

When you are talking about infrastructure - transport, doesn't it stand to reason that WVL and more importantly the Noble Group will be very interested
in the results of the Canegrass?

Considering that all infrastructure - transport and the 20 year life of the mine that WVL are aiming for to be in production by end of this year and given that all V205 has been presold over the entire 20year period, the real issue comes down to when will WVL/Noble make their move in a JV or other with MXR.

Not a question of "If" but "When".

There is no way known that FDL/MXR will join forces.
Don't know where you get that idea from.

If anything MXR may spin out the I/O separate to the Gold as a separate company exactly what they have recently done with FDL.

MXR already has many assets.

When the Canegrass has been drilled and Jorced then we will see some real action.

As for BMY, if you want something really in the hotspot check out UMC.
Their tenements are smack in the hub of all 3 big boys right next door to Block C.

As for MXR, they knew about the Vanadium potential along time ago.
That was why they bought the remainder of the Windimurra Complex.
Mark Creasy had previously owned a large block of it.

He also owns a large chunk of MXR.

The thing that changed the landscape was when WVL (PMA) announced the deal with Noble Group. That is what changed the landscape including the Vanadium prospect.


Cheers markcoinoz

Mate im not interested in vandium i wanted to know about the iron ore,what are the fe% of the 16 drill holes??as i said all i could find in regards to io was the 44% mag...me i wanna see 1 thing io fe % nothing else,thats what i first talked about IO.can you steer me to those results? i looked in the quarterly report on this tenement for those things but cant find,but it does say 44% mag was the best...tb

got me confused here until i looked up wvl,however as i said i was talking about the mxr/fdl IO drilling not anyone else.

 

[d_crome]

Tiger - thats the whole point - it's NOT an FE play - it's a VANADIUM play.

What I don't understand from your transport infrastructure concerns are that these have ALL been addressed by WVL - I suggest you go read their web page and summary of their project.

Per there project - which is due to come on-line late 2008 (and, by the way, is ENTIRELY SURROUNDED BY MXR)

Roads
The mine is located approximately 80km south-east of Mt Magnet. The Great Northern
Highway runs from Perth to Mt Magnet and access to the site is via the Mt Magnet to
Sandstone road. The Sandstone road is a sealed, all weather road up to the Youanmi
turnoff. The section of the Youanmi road from the Sandstone road to the mining lease is
approximately 21kms long and is in good condition.
Unpaved public roads are regularly graded by the local Shire and are constructed to a
sufficient standard to operate efficiently for the traffic demands placed upon them.
The mine access road is all weather and has been sheeted with bitumen from the village
area to the administration area located at the plant.

As you can see, these guys won't have ANY problem shipping their VANADIUM (not IRON ORE).

If you hold, good luck to you, if you WISHED you'd held and figured you'd just downramp for the sake of it...well good luck to you too.

TECH/A - I'm holding too, over 100% now and figure this thing has a LONG way to go considering the SP of the adjacent WVL project.