Q: Powermax Minerals (CSE:PMAX)
What do you think of it?
How's the management team, another dud or not?
Thank you.
What do you think of it?
How's the management team, another dud or not?
Thank you.
5i Research Answer:
PMAX holds an option to acquire 100% of a rare earths exploration property in BC. It will require lots of capital going forward, and it is tiny and very high risk. It has only been listed a few days and we would have no interest here. It has not reported any financial data and market cap is only $35M. We do not know management.