Paramax Resources Ltd V.PXM

I'm surprised

[DonD1]

at the amount of trading at the bid.  I had thought that with this much time passing we would be close to a drill related PR and was expecting some pressure on the ask.

[massEntropy]

Housing down hard in the US, likely many are just chasing up to prepare for the end of the world.

[massEntropy]

er CASHING up not chasing! 

[DonD1]

My surprise is more that someone is sell that many shares at the bid.

[StockBadBoy]

Certainly a surprise to see this much selling, but at least someone is buying it. However, the big overall problem is that gas is basically at an all-time low, and oil is dropping due to lack of demand. All of this speaks to another downturn in the economy, housing prices tanking, and basically everything pointing downward. BUT, I think PXM is yet to reach its true value if they can put in the