Paramax Resources Ltd V.PXM

BUK vs. PXM

[MustangMatt]

Which one would you rather own?  Looks like if one hits the other will too, good or bad.  Similar market cap similar outstanding shares ( PXM has fewer ).  Does anyone know what the outstanding warrants are placed at how many etc?  Donig my DD on these two looks good from here at these price points cheers

[JETS7]

pxm has no real debt, buk is full of debt. i would not be surprised if buk is bought out for its debt someday. they are still making big payments, even if they have some good assets in the north sea. imo

[MustangMatt]

I was looking at the debt Buk has, PXM says they have no debt and 500,000 in cash.  I e-mailed the company the other day to see if they had any news about how they are going to pay capex for the rest of 2011 and 2012.  My thought is if Paramax wants to drill this year they will need to raise cash, Buk has debt, however, they have cash from the North sea sale deal.  I am leaning more