Paramax Resources Ltd V.PXM

Scary

[franchisestuff]

This scares me.

Someone just dumped a whole lot of shares down to
.25.  What are people's thoughts?

[massEntropy]

Seems like $5000 worth, no much at all....

[DonD1]

Only 8,000 shares of the selling were shown as sold below .28, but I'm looking at delayed quotes.

[StockBadBoy]

DonD1. Not sure what you are looking at but my look says that over 160,000 shares were sold down through .26, with the majority at .25. The price has recovered a bit but on over 500,000 shares trading, it certainly brings into focus the risk playing penny stocks. As I said in my earlier post, people sell for a lot of reasons, however, this has been the second market order sell in three days

[massEntropy]

I can't answer your question as to size however finding naturally fractured shale gas appears to be relatively rare and very positive.