Housewife/retired law enf
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i was only posting what he said..
everyone, i sent the concerns to jeff about the confusion on the divy... he just replied.. ok now im really off to bed this time.. he said..
Gail,
Your lucky to catch me, I am putting my computer away, and thought I would check my email just in case, you must own by the closing bell of the 27th, in order to get the divie.
Jeff
amen on the dd, eyes wide open.. and janice, im off to bed, working mon and tues, but i had not heard back from jeff. ill assume its tues for now.. i have no idea.. you and a guy on r/b think its tues..
i would rather be safe than sorry.
thank you h2!
you mean wed?
congrats on keeping your pref and cd. i deserve that, im still learning you know?
:'>
ok, ok, so i skim the emails at times-Inquirer Money / Breaking News
http://business.inquirer.net/money/breakingnews/view_article.php?article_id=72264
Pearl Asian sees P125M from mine operation
Inquirer
Posted date: June 20, 2007
MANILA, Philippines -- Pearl Asian Mining Industries Inc. said it expected initial annual gross revenue of $2.74 million from three mining sites in the provinces of Masbate and Bukidnon and the city of Cagayan de Oro where it is based.
The company, which trades on the US Over the Counter Bulletin Board, said engineers were reconditioning and refurbishing the processing mills at the Aroroy gold mine in Masbate and the Gango Gold Rush project in Bukidnon.
It said the Aroroy gold mill was capable of processing up to 7.2 metric tons of gold ores a day.
Based on gold recoveries in about 17 years of previous operation, the Aroroy project can produce an average of 17 grams of gold per ton of ore, equivalent to 3.9 ounces of gold a day.
The Gango processing plant can process up to 15 metric tons of ores daily, with average recovery of at least 15 grams per ton, producing 7.3 ounces of gold a day.
The Binasan project in Cagayan de Oro “is continuously increasing” its gold recovery, with production currently averaging 18 grams, equivalent to 0.5 ounce of gold daily, the company said.
It said that at $560 per ounce of gold and 360 days of production a year, the Aroroy project was expected to yield an initial gross revenue of $912,600, Gango $1.7 million, and Binasan $117,000.
Randolf Villanueva, executive president, said the Aroroy mine had recorded a profit of $600,000 in 1990 when the owner recovered minerals the old-fashioned way.
“More than 200 kilograms or 6,430 ounces of gold has been extracted from 1990,” Villanueva said. “Currently, the mine site has two working tunnels. But more tunnels will be developed once geological mapping is completed.” With INQUIRER.net
^ Back to top
©Copyright 2001-2007 INQUIRER.net, An Inquirer Company
oh i thought you just got it.. no, theres nothing. i checked the yahoo and only saw the old stuff, that is really weird.
no, i have nothing,, and why is it dated 6/21??
i still cant find it anywhere, i have one more thing, hold on
hmm, hold on ill check.
i didnt even know chat existed, so i had to go it alone. i first found stockwire some months back and then found out about ihub and r/b along the way.
its better to have someone to go through it all with, well, the last 2 days have not been so fun, haha.
em, i was,, but i had 90% of my shares bought back, and is why it ran after that buy back. however, i made bad decisions w/the money i made on paim from that little bit i had left,, and bought paim on the way down, thus, losing it all..
lesson learned. :'>
woohoo, lots of buyers at 4 - thats better than 3 :'>
all this yelling and all you have to do is wait til that 2nd report. and enjoy the ride. sorry you are so upset w/jeff and paim.
i know why you are doing this, but i am not going to post it.
i talked to jeff last night as you know. so, i understand what you are doing.
i feel sorry for you. i really do. you do not know the whole story. but that "thing" you are doing.. to jeff, needs to stop, really.
mean street, its a new paim now, changes within the company, we are able to talk to them now, keep in touch, see pictures.. etc..
i agree, it was a scary place for me too last year up through the winter. i sold in anger a few mths back at a massive loss.
paim is going to do what it has to do, to become bigger, better, move to a bigger board, and do all the things they promised.
you will see.
then, us paimers will just sit back and smile at this once in a life time stock.
thats not pumping, you do what you want, really, i think its great and safe to sit back and watch..
if you are not a shareholder, or are off and on.. its ok to buy in ON the day of the spike. im serious. if you are unsure about any stock,, just wait, and when the train takes off w/out you.. buy in then, you will still get to ride it up with the rest of us. :'D
that way we all win.
i see it. i sent matt a p/m also.
hes cutting and pasting on r/b also, but like i said there, he keeps saying one thing, but he either doesnt know the rest of the story or didnt tell you the rest.. and that will be up to paim to post it in either p/r or email when they see fit.
its all good people. paim had the upper hand.
he leaves on the 25th and returns on the 4th. janice, just call him, he is there right now. i just talked to him. dont be afraid of him.. call him.
thats cause paim is to big to fit on the phone. :'>
everyone,
jeff just called me back from my voice mail.. i dont know if anyone else called him, but he just called and said that hanable aka billy (on raging bull) is not a basher, but he is a nut.
matt, please do not delete this,, its important that it be known about him.
jeff and gary will handle this.
Re:Jan 31 News is out (?) - 2007/01/31 01:30 pm i noticed the news wasnt cut and pasted,, sorry im late to all this.
312 Grams (10 Troy Ounces) Produced for the Month of January 2007, With Total Gold Inventory Now at 396 Grams (13 Ounces), Pearl Asian Mining Industries, Inc. Reports
10:00a ET January 31, 2007 (Business Wire)
Pearl Asian Mining Industries, Inc. with Stock SYMBOLS: U.S.A. (OTCAIM); Germany (XETRA:R1Z) and (Frankfurt:R1Z) provides the following production report for its Binasan Gold Project - Operation Cagayan de Oro (CDO). For the first month of commercial operations in January 2007 covering just 26 operating days, Pearl Asian produced a total of 312 grams (10 Troy Ounces, with 31.1 grams in an ounce) of gold valued at about $6,400. Pearl Asian considers this to be a substantial achievement, taking into account that most gold mining companies take more than three years of exploration and development prior to its first gold production, whereas Pearl Asian was able to achieve its first commercially produced gold just 7 months after start of exploration & development. President/COO for Mindanao Operations & CRO Manolo Tecson reports: "Total Pearl Asian gold inventory is now at 396 grams (13 ounces) valued at $8,150. As we need to build substantial gold inventory of at least 25 kilograms minimum before we make our first gold delivery to WIET, we are currently implementing initiatives to substantially increase gold production in order to achieve our initial target production of 1 kilogram (32 Ounces) per week valued at $20,579 by end March 2007, and increase it further afterwards."
The activities to substantially increase gold production consist of several measures to be implemented by mine personnel. To enhance effectivity of the hydraulicking method used to expose gold ore bodies, water flow rates will be increased up to double the current rates. New channels will be excavated increasing the surface area of water flow. A new dam will be constructed to ensure a continuous supply of water to the hydraulicking activity. Construction of new sluice boxes are also being done, each having a total area of about 30 square feet. These sluice boxes entrap gold particles for harvesting, to be fed to the gold processing equipment. Finally, as a result of the surface mapping activities by PAIM's geological team, there is a very good chance that another hydraulicking trench will be developed within the next month. "It is also worth noting that so far, we have only been extracting gold basically from the surface. Once diamond drilling is done, we can then start to extract the richer gold veins under the ground," added President Tecson.
**************
Meanwhile, WIET LLC, the US company which has gone into an agreement with Pearl Asian to purchase gold, is coordinating on a schedule for its President, Mr. Roman Gudzyuk, to visit Operation CDO very soon. "Mr. Gudzyuk is very eager to accept Pearl Asian's first gold delivery, and is likewise keen on buying other metals such as copper, manganese, iron, and others. There are also plans for Mr. Gudzyuk to accompany our Preliminary Exploration Team in its ocular inspections of new mine sites, and we hope to show them the gold, copper, and manganese mines we are evaluating at present," stated Engr. Gary Gotanco, VP-Business Development & IRO.
Last but not the least, Pearl Asian is issuing this clarification on the issuance of stock dividends of Philippines Royal Oil & Alternative Energy Co., Inc. For every 100 common shares of PAIM held as of record date of February 18, 2007, shareholders will receive 1 share of Philippines Royal Oil & Alternative Energy Co., Inc. Ex-dividend date shall be announced once determined by NASD. The change in name from Philippines Gold Mining Corporation (Other OTC Symbol: PGMC) to Philippines Royal Oil & Alternative Energy Co., Inc. is ongoing, including its incorporation in the State of Wyoming, thus no symbol is available for the new company as of now. "Philippines Royal Oil & Alternative Energy Co. has good potential, as oil is present in the Philippines but is as yet largely untapped. In addition, the recent directive from US President Bush to cut the country's oil consumption by 20% in 10 years and mandating the shift to biofuels ensures a large biofuels market in the US. The Philippines has vast plantations of sugarcane-raw material for bioethanol, and coconut-which is a raw material for biodiesel. The Philippines can supply much of the US demand, so it's a perfect match," stated Engr. Gotanco who is concurrently President/CEO of Philippines Royal Oil & Alternative Energy Co., Inc.
uh, you replied that to me, haha.
im sure the hubby knows how to use that but i dont,, i see the pics posted, and thats good enough for me..
janice, what they are supposed to deliver and IF the deal went south, may have nothing to do with why (if) it went south.
paim has the upper hand, and the gold,, its his loss if the deal went bad, someone else will come along and complete the deal, imo.
janice, i understand what you are saying but you also dont seem to realize what paim has built up, none of us know, but its about to explode.. and "IF" the deal didnt go through.. im sure there is a great reason for it that paim chose, not the buyer... and maybe a back up deal, who knows.
but you know that you just threw that out there. implying. and thats not right.. you are better than that.
a finalized contract can fall apart if..
no money changed hands
or goods havent changed hands
or a lawyer deems it not valid. etc.
dont just make up stuff. why would you just come in and back him up like that?? what we like about you is that you seem to know a lot of facts. please, dont just fuel the fire. put that energy to use, and check into it yourself.
papa, he wont last a minute there, i dont have to tip toe around stuff like this. :'> ill check that next.
ok, so far so good. :'>
please dont make stuff up janice.
he just signed on to r/b tonight to everyone,, something is wrong here.. guys, beware ok?
i have left a voice mail and email for jeff.. so just stand by.
f, i have a msg for you elsewhere, and yes, i believe him... every word.
he was napping cause he had worked so hard,, they wouldnt show pics that they were not proud of.
well, i like the pictures,, it gives us something to talk about.
i was there, but i didnt make the chat room, so all i could do was see the transcript.
i have none. im done.
oh australia.
oh, ok, i got the cd. (traded for common and let it go like a dummy)
wow, you have it all figured out it seems..but like you said, that is your opinion.
i had my doubts (and made that clear in public mostly on the other 2 sites i post on, before i joined ihub) but now, you must know they are real and they are growing..
come on australia!! did you see the picture of the man taking a little nap in the tunnel, they are working there a** off.
how can you not think something big is going on?
i appreciate if you really believe what you think, but just think, paim is the real deal and is just fighting the bad guys off,, and that little stick is getting bigger and bigger, and paim whips their ever lovin' beeeeeeeeee-hinds, and wow! off we go my friend!
can you see it???????????
what does standard mean? you mean like last year? i know janice had some ideas but, yes, i dont know what warrants are .. well, in my job, a warrant is where we take someone to jail.. haha i know i know, i can look up the meaning of it.
im still learning and some of this is still over my head, but im just going off of the news and emails,, its clear they are still working on it..
i call it the one-two punch.. then we hope for great revs in aug.. some of us thought it was like aug 15th.. i dont know where some of us got that date from. i was later told that paim has "until the end of aug" to report.. so who knows.
imo, you need to go back and review the p/r and emails from jeff.
its plain as day. the causes and plans. paim is doing more than we know, and have said so in the p/r and emails.
a line from his 6/13 email-
Yes, we have a plan to reduce the float soon, and it will not be a reverse, the company promised,
and it will not be another cd debenture.
a line from p/r 6/11-
Yes, we have a plan to decrease the O/S float, and it will not be a reverse split, the company promised it would not do that, and PAIM will not. PAIM will not do another CD debenture either. It will be something that will benefit all long term shareholders.
guys, gals, just let them do their job.
there are always going to be some buying and selling any stock that bounces .0004 .0005 .0003,, thats their right too..
but when that spike comes.. we will ALL be winners. just hang in there paimers.
An email reply from jeff , to a poster’s question- 6/21/07-
They are right, we where being conservative on the estimate, because we do not want people to think we
are blowing smoke, so we chose to keep the numbers low. Actually the 44 gram's per metric ton is way off also, way to low.
We just don't want to get the basher's going, that site alone is producing more than 44 grams per ton, I can't say the figure's
they will be released later as a surprise. It is doing much better than exspected. Remember we are trying to be conservative,
it is always better to come in with more than announced, it is bad to come in with less than announced, so we decided to do it
this way.
You can post this if you want.
Thank You, Jeff
-----Original Message-----
From: *awm*
Sent: Thursday, June 21, 2007 12:17 AM
To: gail
Subject:
Gail,
The preliminary report in the September 28 PR suggests that gold production at full capacity would yield 180grams of gold per day. The preliminary finding was pending results from a fire assay (Which, as far as I know, has never been divulged to the public). How can they have been so far off? From 180 grams to 18 grams is somewhat difficult to believe.
Please forward this question to someone in your network that has a good rapport with Jeff.
the illegal shorters.. i just call them bad guys. you know, cops and robbers talk.