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Bullboard - Stock Discussion Forum Paramax Resources Ltd V.PXM

TSXV:PXM - Post Discussion

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Post by JETS7 on Sep 20, 2011 11:17pm

PXM

PXM was never in money problems, they will raise funds or they will set themselves up for a buy out.  this is just my best guess.
Comment by SCORPION17 on Sep 21, 2011 12:05am
No debt unlike BUK but they still need to raise cash to advance the project. They should be able to do it easily when the receive the final approval after the latest appeal.
Comment by honeyhole0 on Sep 21, 2011 1:50pm
I was referring to BUK going bankrupt, not PXM.This SP could be a steal upon approval IMO.Honeyhole
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