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Paramax Resources Ltd V.PXM



TSXV:PXM - Post by User

Comment by StockBadBoyon Jun 09, 2010 2:46pm
255 Views
Post# 17173861

RE: RE: To average down or not?

RE: RE: To average down or not?The bids have all been knocked out and others are now waiting to sell. It will be considerable time with still much risk going forward before anything happens. They have raised their capital from the pockets of investors at
.50 and now elect not to support the price (I guess this is the norm for the game of penny investing). This clearly has the potential to drift down significantly, with hopefully not digging too big a hole that is impossible to drill out of. I would have thought better of this company.
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