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Paramax Resources Ltd V.PXM



TSXV:PXM - Post by User

Post by StockBadBoyon Sep 16, 2010 8:04am
338 Views
Post# 17454643

Things are very quiet.

Things are very quiet.PXM has experienced little trading. The price remains depressed from its last PP of fifty cents as they continue to drill, prove reserves and move to production. The price of gas remains depressed and without any Investor Relations for PXM, I guess I am just going to have to hang on until all the pieces come together. They should be close to tesing pressures and should have started drilling yet another production well. The testing of a larger and higher pressure development area (where 10 wells could be plugged for production) begins in October if everything is on schedule.

Anyone hearing anything at all?
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