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Paramax Resources Ltd V.PXM



TSXV:PXM - Post by User

Post by StockBadBoyon Apr 28, 2010 3:44pm
288 Views
Post# 17041098

MD & A News Released.

MD & A News Released.As required, PXM just released their MD & A ending December 31, 2009. Of particular interest here is the success of all their drilling in the Boise Basin (excellent ready), and Fincastle (where they have been again successful with frac simulations, but more importantly, there are 4 seperate anomalies worth drilling!).

Both shallow gas and deep oil reserves. My guess is the given each well has a different name, each well is in to a different structure (standard naming of wells).

This only can get better, more news must be just around the corner. And here PXM is sitting at a new high, on volume of close to 1M shares, and no one is selling down, in my opinion, more news to come.
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