Paramax Resources Ltd V.PXM

selling?

[toto3321]

Aren't you worried about this morning selling? BMO and CIBC are filling the bids with big blocks of shares... Do they know something we don't?

Sincerely hope I'm just paranoying....

toto

[raybay_98]

They will likely need to raise money to develop this project (I don't think they have much or any cash right now), therefore, dilution likely coming, hence, dumping as buyers position themselves to buy the private placement which will likely have warrants. As usual, the retailers pay the price. Also, could see a sell off to drive the share price down for the PP.JMHO

[massEntropy]

Or the selling is just some profit taking, this stock has pretty much tripled in months.

[nanaimo16]

the charft reminds me of onne of those rockets we used to set of back in the 70's, I mean they usta go up for miles..... ain't seen nothin yet. cheers, N