coverageByron Capital Markets Initiates Paramax at Speculative Buy with C
.80 Target Price
TORONTO, ONTARIO, Apr 22, 2010 (MARKETWIRE via COMTEX) -- Byron Capital Markets, a division of Byron Securities Limited, is pleased to announce that it has initiated coverage today on Paramax Resources Ltd /quotes/comstock/11v!e:pxm (CA:PXM 0.36, -0.02, -4.05%) with a Speculative Buy rating and a target price of
.80.
In this 11-page research report, energy analyst Guy Gordon gives a comprehensive overview of this junior oil and gas exploration and development company, and speaks of their recent successful efforts as a low cost, high impact, driller in the Boise Basin.
This report further exemplifies Byron Capital Markets' continuing commitment to research and, in particular, its ongoing efforts in the energy space