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Bullboard - Stock Discussion Forum Paramax Resources Ltd V.PXM

TSXV:PXM - Post Discussion

Paramax Resources Ltd > $3millin Cash....Market Cap $11.6Mill
View:
Post by nanaimo16 on Jan 28, 2013 5:40am

$3millin Cash....Market Cap $11.6Mill

wow, , at 12c this is a bargoon
Comment by nanaimo16 on Jan 28, 2013 5:41am
correction
Comment by nanaimo16 on Feb 06, 2013 10:32am
here we go....................................... again
Comment by honeyhole0 on Feb 06, 2013 11:26am
Any guesses?
Comment by LWR on Feb 06, 2013 11:53am
No idea what is going on.....I just hope it is beneficial to shareholders and not just to management
Comment by nanaimo16 on Feb 06, 2013 3:31pm
Well, I speculate the news will be something to do with the $3million and an aquisition/merger/investment. There are only a handfull of shares out, the public float you can fit in a briefcase... so look out... this stock proves to make spectacular runs. The spread between bdi/ask has been disproportionate lately............. just because alot of investors have either moved on or forgotten about ...more  
Comment by honeyhole0 on Feb 07, 2013 5:42pm
The multiple day stock halt, spell checker must be down?
Comment by nanaimo16 on Feb 08, 2013 1:23am
ya. with 13million shares out and most of em held tight that means this stock can make a big run on the right news.......    Time is on thier side and they have all the time in the world. They are sitting on a pile of cash........  what to do, what to do.  They can do lateral passes with the shares so easily right now, and justifyably so. Run the share price to the moon on ...more  
Comment by honeyhole0 on Feb 12, 2013 1:33pm
What's the hold up here? Any rumours in the works... Are they working on a deal that's been delayed? Honeyhole
Comment by LWR on Feb 12, 2013 9:19pm
I called and spoke to a director on Thursday. He told me news would be out the following day (Friday) but so far nothing has been released. At the time he told me there was a deal coming but he couldn't give me any more details. He said that I would have to wait and read the news release. He said it was 'exciting' and would be worth the wait. Now that Tuesday has come and gone I have ...more  
Comment by honeyhole0 on Feb 13, 2013 11:52am
LWR, I appreciate your response!!  Bring on the news.   Honeyhole
Comment by nanaimo16 on Feb 13, 2013 1:32pm
the longer the better. Paramax are master deal makers.
Comment by LWR on Feb 13, 2013 4:04pm
What facts do you base your statement that they are 'master deal makers' ?   So far I have seen nothing to support that statement.
Comment by nanaimo16 on Feb 13, 2013 6:02pm
look at the 20 year chart.....