I’ve been watching MAX Power for a while, but I don’t have a position right now. After the run it’s had, I’m honestly starting to wonder if the stock is getting close to its peak.
The stock is up roughly 700% over the past year and the market cap just crossed $586 million. What really caught my attention, though, is Eric Sprott. He’s put about $41 million into the company across three separate financings and now owns close to 24%.
Then today they came out with their strongest hydrogen readings yet at Lawson and announced they’ve expanded their Saskatchewan land package to 2.5 million acres.
There’s clearly a lot going on here.