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Paramax Resources Ltd V.PXM



TSXV:PXM - Post by User

Post by StockBadBoyon Sep 09, 2010 6:26pm
307 Views
Post# 17431500

At least the price is firm.

At least the price is firm.And no selling down or panic. I think everyone knows what is happening here, it is just a matter of time before the company puts in some Investor Relations and more brokers find out about this play. The only thing holding this back is the price of gas, however, I think if there is enough proven reserves, the value along will allow for significant appreciation in the price of the stock, just a matter of time and success at the drill bit and putting wells into production.

I do like the long term pressure testing they just completed, perhaps this accounts for the delay, but it confirms the true essence of the serious nature of this play.

Management is doing a great job thus far.
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