Paramax Resources Ltd V.PXM

Square gas formation?

[TheJesus]

Ever seen one before?This is just a postage stamp on an envelope.This financing is to secure land.100000 acres is dick.What drill 70 wells while a major scoops up the rest of the envelope?Go west young man.

[TheJesus]

Or maybe go east?I wouldnt know I dont have the seismic.But Bridge/Paramax does and theyre the the only ones who have seismic in this whole area.Get ready

[StockBadBoy]

TheJesus. You seem to be a person in the know, please tell us more. From the Rose report on their web site, they have 108,000 gross acres, with prospect size 30 BCFG, each being 1700 acres, with average well recovery at 3 BCFG on production rate of 1.2 MMCFD.Are you saying 70 wells isn't enough or that you don't believe it. Please explain.

[TheJesus]

Wouldnt 350 wells on 500000 acres be better.Or 750 wells on 1 million.This basin extends to Oregon.What they have is great.Do you really think all the gas in the basin sits in this perfectly square lease?Preposterous, news on these first five wells will be coming well into june.Bigger news will be land.They financed now because they know where to go next and need to secure the lease.5 million for

[StockBadBoy]

TheJesus. Thanks. Don't you think it is best that they take little Jesus steps first. But I certainly like your approach, drill what they have and prove success (which it appears they are doing), secure more land, drill and raise the stock price, then finance at $1 or perhaps $1.5 for $50M bought deal. Do you mean something like that?Do you know when they will file to acquire the land?

[TheJesus]

Take little steps and bigger feet will run right past you.GOLD RUSH.gold=wealth.Rush=get your little feet movin.These guys got the headstart.Waiting for BUK news.Somethings up.