Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Paramax Resources Ltd V.PXM



TSXV:PXM - Post by User

Comment by StockBadBoyon Aug 17, 2010 7:20pm
270 Views
Post# 17359212

RE: Volume picking up too!

RE: Volume picking up too!Volume and direction is generally a good indicator of the type of news coming (we would be heading downwards in price if everything was bad). I suspect nothing bad (but I don't know for certain). As each well is drilled into this development area (one of two successful development areas), I would suspect more and more people will begin to position as we approach the high pressure and larger wells to be drilled in October which is not very far away. Look at it this way, with each success on this drill set of 5, revenues and reserves will increase, interest in investors will increase, the loose stock will get cleaned and in to new hands, and the price will start moving upwards. All I can say is lets hope it works this way, the signs and indications are certainly there for the building of  very, very successful company. My message is, don't sell out to early my friends.
<< Previous
Bullboard Posts
Next >>