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This is just the beginning... the very beginning.. of what you will see on that entertainment channel....
But we all know that
Yes, I have mentioned more than once that credibility has been destroyed here, and if PAIM wants it, they have to deliver the goods. Well, the "check is in the mail" was fine for 10 days, but no more. Get the dividends out, or go away, no one is buying into this anymore.
And I am stuck with tens of millions of shares, lmao..
Oh well INSQ paid me big today and I put it all into GZFX, so I can handle it, whatever happens here, but I'm not selling, so let's get this going PEARL!
Where's the BEEF????
I've got to admit you folks are really saavy! With Michael calling in and you taping it, uh digitalizing it, lol, how could you not be right about this company?
NEW WEBSITE LINK - www.gnfent.tv - probably to measure the results from the entertainment network!
PAIM - shouldn't waste another dime on another PR until they get the dividend shares out. Otherwise..... no credibility!
In case you missed it... Big PAIM news out today!
More on Phillipines investment...
Net ‘hot money’ falls 66% in Q1
By Des Ferriols
The Philippine Star 04/11/2006
Net foreign portfolio investment or ‘hot money’ declined by 66 percent to $489.7 million in the first three months of the year from $1.44 billion in the same period last year, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
Foreign investments in stocks also fell this quarter "because of lack of initial public offerings unlike last year," BSP Deputy Governor Diwa Guinigundo said yesterday.
For March alone, foreign portfolio investment dropped 84 percent as the strong peso encouraged the sale of assets denominated in the local currency.
The difference between funds flowing into and out of the country declined to $91.9 million in March from $562.1 million a year ago. This was a reversal from the 54-percent increase posted in February.
"The decline was traced partly to the inclusion in the first-quarter 2005 report of substantial investments in shares that were made in previous years but which were registered with the central bank only in March 2005," the BSP said.
According to the BSP, the market was also particularly brisk this time last year due to the initial public offering of Manila Water Co and SM Investments Corp. SM Investment Corp., the holding company of retail tycoon Henry Sy, raised about P28.8 billion in the first quarter of 2005.
This year, the only activity in the market was the IPO of First Gen Corp and the additional stock offer of the Gokongwei-owned Universal Robina Corp.
According to the BSP, other factors that contributed to the net inflow in March included the continuing strength of the peso and OFW remittances and the extension of the Special Purpose Vehicle Law which would further reduce the non-performing assets of banks.
The BSP said the record earnings of a number of listed firms also attracted more portfolio investments as well as the government’s report that its actual deficit budgetary deficit in February was again significantly below the programmed level.
Investment into the Philippines has helped boost the country’s foreign exchange reserves. These reached a record $20.84 billion in March on the back of the government’s $2.1 billion overseas debt sales in January and higher remittances from Filipinos working overseas.
Investors are selling Philippine assets and buying US dollars, as the strength of the peso is increasing returns, the central bank said.
By country of origin, the BSP said over 81 percent of the new registered investments came from the United States, Singapore and the United Kingdom.
However, foreign investments in PSE-listed shares fell by 31 percent (US$ 498.1 million) from the first quarter of last year.
"The decline was traced partly to the inclusion in the first quarter 2005 report of substantial investments in shares that were made in previous years but which were registered with the BSP only in March 2005," the BSP explained.
Meanwhile, capital repatriations/outflows pertaining to BSP-registered investments amounted to $978.1 million during the quarter.
Divestments in government securities comprised $419.5 million or 43 percent of the total; securities listed in the Philippine Stock Exchange (PSE), $412.7 million or 42 percent; and withdrawals of peso deposits, $145.9 million or 15 percent.
OT-BENGF.pk - NEWS on the BIGGEST Phillipine Gold...
Benguet Corp in talks with investors for Kingking copper-gold project
By Zinnia B. Dela Peña
The Philippine Star 04/11/2006
Benguet Corp. is in talks with 12 foreign and local mining firms that have signified interest in its Kingking copper-gold mine in Compostela Valley, according to its president Benjamin Philip Romualdez.
In a briefing with reporters following the company’s stockholders meeting late last Friday, Romualdez said Benguet expects to select a joint partner for its Kingking project by the third quarter of 2006. He declined to name the prospective investors pending completion of negotiations.
The Kingking project requires an estimated $500 million to $850 million to begin mineral extraction.
Romualdez said the company has tapped Citigroup Global Markets as financial adviser in raising funds for the development of the Kingking mine.
Benguet has teamed up with Nationwide Development Corp. to develop the Kingking project, which is located in the eastern part of Mindanao, approximately 20 kilometers northeast of Pantukan, Compostela Valley.
The property has an approved mineral production sharing agreement (MPSA) with the government and has the most advanced level of geological information. It has been identified as one of the top 10 priority mining projects of the Department of Environment and Natural Resources, Benguet said.
Since the Supreme Court upheld in December last year the Mining Act’s constitutionality, there has been no letup to the company’s entertaining potential investors.
Based on records of the Chamber of Mines of the Philippines, the Kingking project has a total mineral deposit of 353 million metric tons (MT) of gold, copper and silver with a gross value of $3.9 billion. It has an estimated daily production rate of 70,000 MT, which could last for around 13 years.
The same records show that potential gross sales would reach $285 million yearly, potential income taxes generated for the government would be worth $20.60 million annually. Besides employing 1,000 workers during construction and 500 during mining operations, it is expected to indirectly employ around 2,500 workers.
http://www.philstar.com/philstar/NEWS200604110703.htm
PAIM - NICE volume on NEWS today
Lol - you give Pearl too much credit, besides, there are several other people involved with this operation, and when the gold starts moving, the credibility will be there!
Sooner or later - PAIM will run, that I believe... And... it might be sooner than later...as soon as credibility is established.... GLTA
PAIM - HUGE NEWS OUT!
Power_forward72 - PAIM is for real speculators not blue chip investors. Do you understand the difference?
PAIM - will run, watch and learn old man!
I agree, today's PR has tied all the recent develops together, the XYZ mine, and the ore processing plant. This application with the government is standard operating procedure in the Phillipines, and I have seen similar things done with my other investment in Phillipines gold mining operations, BENGF.pk.
Keep on keeping on PAIM!
PAIM $$$$$ It might just be real, today's NEWS really seems like it!
PAIM - ((((( BREAKING NEWS )))))
Pearl Asian Mining Industries to Capitalize on the Fiscal Incentives Offered by the Philippines Government for Masbate XYZ Gold Mine-Site & Cebu Gold Refinery
Monday April 10, 6:00 am ET
MANILA, Philippines--(BUSINESS WIRE)--April 10, 2006--Pearl Asian Mining Industries (OTC:PAIM - News):
Utilizing These Incentives Will Allow Pearl Asian Mining to Import Capital Goods and Equipment Duty and Tax-Free, Which Translates to a Reduction in Capital Investment Ranging from 15-22%, Thus Improving Profitability
Pearl Asian Mining Industries, Inc. (OTC:PAIM - News) announced today that it has filed applications for fiscal incentives from a Philippines government agency. The Philippines Board of Investments (BOI) has formally advised Pearl Asian, based on the initial review of applications and documents submitted, that the company may qualify for BOI registration for its XYZ Gold Mine Site in Masbate Island. The application also applies to our gold processing facility in Cebu Island. This should entitle Pearl Asian to fiscal incentives under the 2005 Investments Priorities Plan, under mining and processing of minerals. These incentives include an income tax holiday for 6 years, which may be extended to 7 years. The importation of supplies and equipment duty and tax-free; exempt from wharfage dues and export taxes; tax credits on raw materials and supplies; and additional deductions from taxable income, among others. The immediate noticeable benefit for Pearl Asian of these incentives is the duty and tax-free importation of goods, which would translate to a reduction in capital investment/initial expenses ranging from 15-22%, thus improving profitability.
These applications grant Pioneer Status to companies that locate in under-developed areas, like Masbate Island, and those that utilizes new technologies such as the state-of-the-art precious metal refining plant to be set up on Pearl Asian's industrial lot in Mandaue City, Cebu. Pearl Asian shall comply with all necessary requirements for the registration, and has already published its first notice in the Philippine Star, on April 9, 2006 as an additional required step.
"Pearl Asian Mining Industries is closely coordinating with the BOI to secure registration for Pioneer Status within the month of April, 2006," says Anthony Val Gary Gotanco, Vice-President/Business Development and Head of the Chemical-Metallurgical Lab. He adds, "All of our activities are being planned and executed to ensure that funds are efficiently utilized. Especially, that we shall soon be importing a number of equipment to be used for the mine-site and the gold refinery. We shall ensure that profitability is maximized, as a result." Prior to joining the company Mr. Gotanco had more than 8 years' experience dealing with government agencies involved in granting of incentives, tariff protection, and release of imported goods.
In a related development, the permits and licenses for the construction of the gold refinery in Mandaue City, Cebu are already in processed. "We are targeting start of construction of the gold refinery and laboratory complex in June, 2006," exclaimed Mr. Gotanco.
Yep, the bashers here would have you believe there is no way this stock can run, but we have seen CNES, GWGO, QBID, CMKX, and just about every other stock that has traded in .0001 range have at least one nice run.
PAIM will have it's day!
re"Ho will a stock go up when the supply increases?"
GZFX ran from .0025 to .025 while the outstanding rose from 1 billion to 3 billion.
It's happened tons of times, that the share price goes up as the supply increases. In fact, the SUPPLY OF MOST STOCKS GOES UP ALL THE TIME, right?
If PAIM can convince the street it really has a plan to mine the gold..... It will go higher!
PAIM will run! When the Preferred shares start hitting the accounts and posters acknowledge receiving them, the credibility factor of this company will skyrocket.
Visits to the mining sites by posters will also give the credibility that the freak professional bashers that work here have worked so hard to destroy.
Accumulate all you want to risk at these levels, sell half at .0003 and keep the rest for huge returns if the gold is mined!
Then don't even bother reading the posts or responding to freak posters comments.
That's what I'm doing... have a great weekend.
Ok try GZFX long term and PAIM for fun!
Heartbeat, that's exactly what is happening with PAIM, and I hope that when the dividends hit, that the NSS are forced to cover. This could really get interesting.
GZFX - probably the most real COMPANY for the money today!
PAIM DIVIES in the mail!
PAIM - NEW REVENUE PROJECTIONS NEEDED! $600 gold - WOW...
XYZ Operation Gold Finger to Yield Estimated Total Annual Gross Revenues of $157,236,600.00 USD from the 50 Metric Tons Per Day Small-Scale Mining Operations of Pearl Asian Mining Industries, Inc. (PAIM)
Tuesday March 14, 8:00 am ET
PASIG CITY, Philippines--(BUSINESS WIRE)--March 14, 2006--Pearl Asian Mining Industries, Inc. (OTC:PAIM - News) released today the second geo-survey and assay report. The report was conducted by Ostrea Metal Laboratory, Inc., a renowned Philippines chemical assay company, and completed on January 7 -- R.A. No. 32749. This second gold and silver assay report from the samples of two tunnels and selected trenches of the XYZ gold mine site shows rich gold ore reserves.
The XYZ Operation Gold Finger located in the Town of Baleno, Island of Masbate, Philippines, shows the following high-grade gold ores.
TO
GOLD SILVER COPPER REHABILITATE
SAMPLE (GPT) (PPM) (PPM) 2006
----------------------------------------------------------------------
Tunnel 4 IR 0.31 g 1.99 8.59 TBD
----------------------------------------------------------------------
Tunnel 4 2R 0.96 g 7.96 93.84 TBD
----------------------------------------------------------------------
Tunnel 4 7R 0.57 g 4.71 9.24 TBD
----------------------------------------------------------------------
Tunnel 3 2R 94.20 g 608.28 103.09 YES
----------------------------------------------------------------------
Tunnel 3 3R 49.44 g 242.57 25.56 YES
----------------------------------------------------------------------
Tunnel 3 5R 37.36 g 17.46 12.62 YES
----------------------------------------------------------------------
XYZ-GA 3R 8.57 g 17.46 12.62 TBD
----------------------------------------------------------------------
XYZ GA 4R 3.97 g 48.59 27.54 TBD
----------------------------------------------------------------------
XYZ GA 022 5.51 g 12.50 6.45 TBD
----------------------------------------------------------------------
XYZ AG 027 2.10 g 20.51 76.96 TBD
----------------------------------------------------------------------
Pearl Asian Mining continues its preparation to develop the infrastructures of the XYZ Gold Mine Site. The XYZ Gold Team soon will start to rehabilitate the tunnel #3, operating at 50 metric tons per day, where the occurrence of the high-grade gold ores were identified and documented.
Rich gold samples from Tunnel 3 were assayed at 37.35 grams per ton, 49.44 grams per ton and 94.20 grams per ton, giving an average of 60.33 grams per ton.
A. The estimated average of the assay result from Tunnel 3 is 60.33 grams per ton of gold ore and can produce an output of approximately 15,083 grams of gold per day at 30-day month production (15,083 X 30 days) the output of 452,475 grams or 14,596 Troy Ounces (app. 1 gram = 31 Troy Ounce) which is equivalent to $7,298,000 USD per month at a selling price of $500.00 per Troy Ounce.
B. Annual Gross Revenue (AGR) from the gold production to be $87,576,000.00 USD ($7,298,000 X 12). This estimated gold production does not include the sales of silver and other minerals.
C. PAIM's macroscopic plan for the whole Masbate Island because of its rich gold potential is implementing the Community Mining Assistance Program (CMAP) and improved production capability of the Community Small Scale Miners. PAIM is expecting to acquire additional income at a minimum of 12 kilograms or approximately 387 Troy Ounces of gold, which is estimated to produce a gross revenue of approximately $193,500.00 USD.
D. The $193,500 gross revenue per day ($193,500 X 30 days) is estimated to be $5,805,000.00 USD per month to give an annual gross revenue ($5,805,000 X 12) of $69,660,000.00 USD from the community's Small Scale Mining Assistance Program.
E. XYZ Operation Gold Finger will yield an estimated total annual gross revenue of $157,236,600.00 USD ($87,576,000 + $69,660,000). This excludes the income anticipated to result from the sales of silver and other precious metals.
Should the current mining engineering plans continue to be on target, the scheduled income revenue will start to flow during the last quarter of 2006 and early 2007 then on.
And - PAIM should update these REVENUE PROJECTIONS based on $600 per ounce gold, wow!
XYZ Operation Gold Finger to Yield Estimated Total Annual Gross Revenues of $157,236,600.00 USD from the 50 Metric Tons Per Day Small-Scale Mining Operations of Pearl Asian Mining Industries, Inc. (PAIM)
Tuesday March 14, 8:00 am ET
PASIG CITY, Philippines--(BUSINESS WIRE)--March 14, 2006--Pearl Asian Mining Industries, Inc. (OTC:PAIM - News) released today the second geo-survey and assay report. The report was conducted by Ostrea Metal Laboratory, Inc., a renowned Philippines chemical assay company, and completed on January 7 -- R.A. No. 32749. This second gold and silver assay report from the samples of two tunnels and selected trenches of the XYZ gold mine site shows rich gold ore reserves.
The XYZ Operation Gold Finger located in the Town of Baleno, Island of Masbate, Philippines, shows the following high-grade gold ores.
TO
GOLD SILVER COPPER REHABILITATE
SAMPLE (GPT) (PPM) (PPM) 2006
----------------------------------------------------------------------
Tunnel 4 IR 0.31 g 1.99 8.59 TBD
----------------------------------------------------------------------
Tunnel 4 2R 0.96 g 7.96 93.84 TBD
----------------------------------------------------------------------
Tunnel 4 7R 0.57 g 4.71 9.24 TBD
----------------------------------------------------------------------
Tunnel 3 2R 94.20 g 608.28 103.09 YES
----------------------------------------------------------------------
Tunnel 3 3R 49.44 g 242.57 25.56 YES
----------------------------------------------------------------------
Tunnel 3 5R 37.36 g 17.46 12.62 YES
----------------------------------------------------------------------
XYZ-GA 3R 8.57 g 17.46 12.62 TBD
----------------------------------------------------------------------
XYZ GA 4R 3.97 g 48.59 27.54 TBD
----------------------------------------------------------------------
XYZ GA 022 5.51 g 12.50 6.45 TBD
----------------------------------------------------------------------
XYZ AG 027 2.10 g 20.51 76.96 TBD
----------------------------------------------------------------------
Pearl Asian Mining continues its preparation to develop the infrastructures of the XYZ Gold Mine Site. The XYZ Gold Team soon will start to rehabilitate the tunnel #3, operating at 50 metric tons per day, where the occurrence of the high-grade gold ores were identified and documented.
Rich gold samples from Tunnel 3 were assayed at 37.35 grams per ton, 49.44 grams per ton and 94.20 grams per ton, giving an average of 60.33 grams per ton.
A. The estimated average of the assay result from Tunnel 3 is 60.33 grams per ton of gold ore and can produce an output of approximately 15,083 grams of gold per day at 30-day month production (15,083 X 30 days) the output of 452,475 grams or 14,596 Troy Ounces (app. 1 gram = 31 Troy Ounce) which is equivalent to $7,298,000 USD per month at a selling price of $500.00 per Troy Ounce.
B. Annual Gross Revenue (AGR) from the gold production to be $87,576,000.00 USD ($7,298,000 X 12). This estimated gold production does not include the sales of silver and other minerals.
C. PAIM's macroscopic plan for the whole Masbate Island because of its rich gold potential is implementing the Community Mining Assistance Program (CMAP) and improved production capability of the Community Small Scale Miners. PAIM is expecting to acquire additional income at a minimum of 12 kilograms or approximately 387 Troy Ounces of gold, which is estimated to produce a gross revenue of approximately $193,500.00 USD.
D. The $193,500 gross revenue per day ($193,500 X 30 days) is estimated to be $5,805,000.00 USD per month to give an annual gross revenue ($5,805,000 X 12) of $69,660,000.00 USD from the community's Small Scale Mining Assistance Program.
E. XYZ Operation Gold Finger will yield an estimated total annual gross revenue of $157,236,600.00 USD ($87,576,000 + $69,660,000). This excludes the income anticipated to result from the sales of silver and other precious metals.
Should the current mining engineering plans continue to be on target, the scheduled income revenue will start to flow during the last quarter of 2006 and early 2007 then on.
BENGF.pk - Here is Phillipines largest GOLD mining company- back in 1981 it ran to 19 and was NYSE traded stock...
TRUE!
So could PAIM have some value????
Rick C - if Pearl wants credibility, she can PR all the soon revenues in the world, but until she announces what she plans to do as to becoming a REPORTING COMPANY, I don't think anyone will take serious her claims.
So if there actually are revenues this quarter, how will she document those claims.
I think at some point the SEC will stop trading for lack of reporting if she doesn't start at least heading in the direction of a reporting company.
Mention this to her sometime, would really be interested in the response.
BTW, I have over 12 million commons, so I hope this does well!
Ask closed at .0003? NICE...
http://www.pinksheets.com/quote/quote.jsp?symbol=paim
Can't buy PAIM - Only sells? From the RB board...
By: michael_55092
03 Apr 2006, 09:24 PM EDT
Msg. 450 of 450
(This msg. is a reply to 446 by mainuh.)
Jump to msg. #
mainuh; scottrade is the same but i can sell this is how its put, Scottrade has set restrictions on the following securities due to clearing restrictions: No Buys/Sells Only;paim
(Voluntary Disclosure: Position- Long; ST Rating- Buy; LT Rating- Buy)
http://ragingbull.lycos.com/mboard/boards.cgi?board=PRMN&read=450
Pearl Asian Mining Industries, Inc. Starts Exclusive Mining Operation, Gold Purchasing & Mineral Processing Agreement With One of Mindanao's Local Tribes
Business Wire - April 03, 2006 08:00
Pearl Asian Mining Will Operate and Process Their Raw Gold & Silver Ores With The Potential Presence of Platinum Metal
PASIG CITY, Philippines, Apr 03, 2006 (BUSINESS WIRE) -- Randolf Villanueva, President and CEO of Pearl Asian Mining Industries, (OTC:PAIM) announced today that the Company has successfully negotiated and signed an exclusive Mining Operation, Gold Purchasing and Mineral Processing Agreement with the Indigenous People's Chieftains. Pearl Asian will operate and process the ancestral land domain claims rich with raw gold and silver ores that may have contain platinum metals. This will be immediately available as another source of income of Pearl Asian (PAIM).
Pearl Asian Mining is an aggressive gold mining company with a portfolio of gold and silver mining interests in the Philippines and Canada. With this new and potentially immediate "revenue-making" to be generated sooner than expected, should give a positive impact on the company's 2006 Second and Third Quarter Financial Statements. The "Operation Cagayan de Oro" will be operational and done simultaneously while awaiting for the completion in the development of the general infrastructures on the XYZ Gold Mine Site.
The Gold Team is making their second trip on April 4th, to survey a topographic map to locate the site for a pilot plant of the "Pearl Asian Gold Mineral Processing Center." This ancestral domain claim known for very rich gold reserve in Cagayan de Oro (River of Gold) City, Mindanao Island, Philippines, is approximately 1 1/2 hour flight south of Manila. This is the local tribes' main livelihood: as small-scale mining "gold panners" producing gold between 1-2 kilos per week, using the most crude and manual procedures of gold recovery. The silver and platinum metals were discarded by the locals as they don't seem to understand the actual value of these other precious metals.
Just like the 1849 Gold Rush Bonanza in California, Pearl Asian Mining Industries (PAIM) sets out as the Pioneer in the mining developments, environmental safety and community developments. Pearl Asian is committed to build school houses, churches and medical clinics. Pearl Asian will help develop these very remote, mostly untapped, and very rich in gold areas of the Philippines "The Isles of Gold."
PAIM ((((HUGE BREAKING NEWS ))))) Do you suppose there really might be something to this company?
Pearl Asian Mining Industries, Inc. Starts Exclusive Mining Operation, Gold Purchasing & Mineral Processing Agreement With One of Mindanao's Local Tribes
Business Wire - April 03, 2006 08:00
Pearl Asian Mining Will Operate and Process Their Raw Gold & Silver Ores With The Potential Presence of Platinum Metal
PASIG CITY, Philippines, Apr 03, 2006 (BUSINESS WIRE) -- Randolf Villanueva, President and CEO of Pearl Asian Mining Industries, (OTC:PAIM) announced today that the Company has successfully negotiated and signed an exclusive Mining Operation, Gold Purchasing and Mineral Processing Agreement with the Indigenous People's Chieftains. Pearl Asian will operate and process the ancestral land domain claims rich with raw gold and silver ores that may have contain platinum metals. This will be immediately available as another source of income of Pearl Asian (PAIM).
Pearl Asian Mining is an aggressive gold mining company with a portfolio of gold and silver mining interests in the Philippines and Canada. With this new and potentially immediate "revenue-making" to be generated sooner than expected, should give a positive impact on the company's 2006 Second and Third Quarter Financial Statements. The "Operation Cagayan de Oro" will be operational and done simultaneously while awaiting for the completion in the development of the general infrastructures on the XYZ Gold Mine Site.
The Gold Team is making their second trip on April 4th, to survey a topographic map to locate the site for a pilot plant of the "Pearl Asian Gold Mineral Processing Center." This ancestral domain claim known for very rich gold reserve in Cagayan de Oro (River of Gold) City, Mindanao Island, Philippines, is approximately 1 1/2 hour flight south of Manila. This is the local tribes' main livelihood: as small-scale mining "gold panners" producing gold between 1-2 kilos per week, using the most crude and manual procedures of gold recovery. The silver and platinum metals were discarded by the locals as they don't seem to understand the actual value of these other precious metals.
Just like the 1849 Gold Rush Bonanza in California, Pearl Asian Mining Industries (PAIM) sets out as the Pioneer in the mining developments, environmental safety and community developments. Pearl Asian is committed to build school houses, churches and medical clinics. Pearl Asian will help develop these very remote, mostly untapped, and very rich in gold areas of the Philippines "The Isles of Gold."
That is HUGE NEWS today Rick C - THANKS - Now we see what the skeptics say!
Pearl Asian Mining Industries, Inc. Starts Exclusive Mining Operation, Gold Purchasing & Mineral Processing Agreement With One of Mindanao's Local Tribes
Business Wire - April 03, 2006 08:00
Pearl Asian Mining Will Operate and Process Their Raw Gold & Silver Ores With The Potential Presence of Platinum Metal
PASIG CITY, Philippines, Apr 03, 2006 (BUSINESS WIRE) -- Randolf Villanueva, President and CEO of Pearl Asian Mining Industries, (OTC:PAIM) announced today that the Company has successfully negotiated and signed an exclusive Mining Operation, Gold Purchasing and Mineral Processing Agreement with the Indigenous People's Chieftains. Pearl Asian will operate and process the ancestral land domain claims rich with raw gold and silver ores that may have contain platinum metals. This will be immediately available as another source of income of Pearl Asian (PAIM).
Pearl Asian Mining is an aggressive gold mining company with a portfolio of gold and silver mining interests in the Philippines and Canada. With this new and potentially immediate "revenue-making" to be generated sooner than expected, should give a positive impact on the company's 2006 Second and Third Quarter Financial Statements. The "Operation Cagayan de Oro" will be operational and done simultaneously while awaiting for the completion in the development of the general infrastructures on the XYZ Gold Mine Site.
The Gold Team is making their second trip on April 4th, to survey a topographic map to locate the site for a pilot plant of the "Pearl Asian Gold Mineral Processing Center." This ancestral domain claim known for very rich gold reserve in Cagayan de Oro (River of Gold) City, Mindanao Island, Philippines, is approximately 1 1/2 hour flight south of Manila. This is the local tribes' main livelihood: as small-scale mining "gold panners" producing gold between 1-2 kilos per week, using the most crude and manual procedures of gold recovery. The silver and platinum metals were discarded by the locals as they don't seem to understand the actual value of these other precious metals.
Just like the 1849 Gold Rush Bonanza in California, Pearl Asian Mining Industries (PAIM) sets out as the Pioneer in the mining developments, environmental safety and community developments. Pearl Asian is committed to build school houses, churches and medical clinics. Pearl Asian will help develop these very remote, mostly untapped, and very rich in gold areas of the Philippines "The Isles of Gold."
Stockbum, can you post a few of those links please? Most of the write-ups I have recently read, say that GZFX service is 2 to 3 days each way. The website didn't get high marks, but as soon as the kinks are ironed out, I believe that problem will be over.
All in all, this appears to be a viable company now, and if SIRI can trade at $5, GZFX should at leat be about ro reach .50,
GZFX (((( look at it again )))) here's why!...
1) National ROLLOUT CONFIRMED for all Circuit City's stores in USA! 630 SUPERSTORES to sell the service!!!!
2) NEW WEBSITE was released Friday, and the PR about it has not yet been released!
3) HUGE FINANCING for up to 22 million dollars was confirmed in SEC filing on Thursday!
4) MORE PARTNERSHIPS COMING - and SUBSCRIBER GROWTH WILL BE EXPONENTIAL in the next 2 years, like SIRI!
5) Did you miss GTE and NEOM??? Would you have loved to have bought both of those below .02?
6) You have another opportunity!
GLTA
Well Australia, it's all about credibility here, is it not?
If the street really believed PAIM was a viable enterprise, we would be trading above .0001, would we not?
So the more pictures that come from sources other than the company, the more credibility your story will have.
I could come on here and make up a tale of how I had seen the mine on a recent trip, but it would be shot right down.
However, if I linked that story with photos of the airport, the hotel, the cab driver, the mine entrance, ore samples, Pearl Asian herself, and pictures of a nearby village, wouldn't my story have a lot more credibility?
GLTA
Australia-
Amazing, here we have a board with a .0001 priced gold mine in Phillipines and 2 posters say they are going to go to site and verify!
Also have the IR guy going.
You folks BETTER TAKE YOUR DIGITAL CAMERAS and take plenty of photos. There are many sites you can post these pictures on the internet for all of us to see!
Take some pictures of where you stay, the cab/bus drivers and busses that take you to the site, and take some photos of old Pearl too...
Remember 1 picture is worth much more than 1000 words.
GLTA
mean_street_dude...
I like your style, you da man!
Monday NEWS will be better anyway, I think we get more than just the Website release. Remember, JF is in California this week. It would be nice to see JF release NEWS every other day or so for a couple of weeks and max out the uptrend. Would be much less dilution if this can get over .03!
Look at the chart folks, that close today is awesome. Closed higher than Monday close, on a higher volume day today than yesterday.
Looks really good to me. Have a great weekend all!
GZFX - should be 5 to 10 bagger this year! Do some DD on it, it has everything going for it now! We expect a PR any time about the NEW WEBSITE LAUNCH that has already been launched, but the PR has not come out yet!
GZFX - AMAZING TURNAROUND - NOW GREEN- can't stop GZFX!!!