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press release
Oct. 15, 2012, 6:01 p.m. EDT
Primero Announces Expansion of Its San Dimas Mine
TORONTO, ONTARIO, Oct 15, 2012 (MARKETWIRE via COMTEX) -- (Please note that all dollar amounts in this news release are expressed in U.S. dollars unless otherwise indicated.)
Primero Mining Corp. ("Primero" or the "Company") /quotes/zigman/10748 CA:P +0.84% /quotes/zigman/6214441/quotes/nls/ppp PPP -0.40% today announced a mine and mill expansion of its San Dimas gold-silver mine in Mexico. The Company has elected a staged approach to the full expansion and has approved the expenditure of a total $14.4 million to expand the San Dimas mine and mill to 912,500 tonnes per year ("TPY") or 2,500 tonnes per day ("TPD"). Construction of the mine and mill expansion will begin immediately, with an estimated completion during the first quarter of 2014.
its looks like we have the same expansion plan done by the end of 2013?? very interesting!!
It's only what I see a game "give and take hands" on the way up!!! The market cap is less than 3 million, thats a deal to buy this up!!!
Does that mean we already have uplisted to OTCBB?
next resistance is 0.0095, may it's today???
I just wanna to see how many strong hands here. My position 1% of O/S. My early retirement I hope. Bless YOU ALL LONGS!!!
with reserves of 5 billion? way undervalued!!!!GO, GO sugre SRGE
val13
I still believe it would go up like no day left tomorrow, cause:
1. They stated to start production (50 tones per day)- they did!!
2. They said to buy back shares - 545 million so far and I don't think so we got 200,000,000 shares float, could be much less, -they did!!!
3. They stated to expend business- so far 5 mining properties?-wow, again they did.
What about uplisting? I think 80% chances to 20, so far We good to take this bet.
val13
iF i SELL ALL MY INTEREST AT THE LEVEL OF $100 i PROBABLY WOULD BUY A HOUSE (THAT POSITION i GOT SO FAR)
i WOULD BE HAPPY TO GET EVEN BANCRAPCY!!! nO NEWS SO FAR, VERY BAD. mIGHT BE DECEMBER 2012 SOMETHING??????????????
still watching, still my favorite stock. Belive it or not this my favorite and I like it. So far I am down like the hell, but don't worry 25 million in net profit for 2011 is under the way. just wondering how much the PPS should be???
By yearly bird group we got some deal, in 3 months we should fly as high as 0.005!!!!
Ok,guys we know this one is one time lotery ticket, with all DD the price of .01 would be a history next week and we all know this. I am a long shareholder since 2011 and my position is strong, won't shake out of me any shares. Right now is a best time to buy but weak hand would sell. Does not matter cause next year I would be a retired person (still young) but love to take a ride!!! GLTA
Val13
Q3 is comming, Puting buying more gold ever, gold might reach $3000 by the end of this year, silver will get even higher (close to $70), we have not seen that in valuation PPS!!!
what if the company reduced float? That would be very interesting!!! If so, no shares left and its good to us.
looking for silver to go above $50 by the end of this year, so SRGE 0.05 by December. Love this stock!!!!!!!!!!!!!!!!!!!!!!!!!!!
if it stays that low I would buy 5000000 shares more in 2 weeks,willing to risk!! may be it would get uplisted and we would get rich- all of us (long shareholders)
any news would be nice, just wondering- should we get some by the end of this year?
so, we should see some news tomorrow? very nicely done!!!
everything is possible in this world lugger. its all depends how you think- inside or outside box.
Its look like they got nothing to short anymore, only way is to go up. Still waiting for revenues and small profit!!! gold and silver will spike this year, so will SRGE!!! good luck to you chris12!
this one is my favorite stock, next year its going to explode!!!
MACD GETTING ERRECTED, WILL SEE MORE BUYS THAN SELLS IN NEAR FUTURe!!!
anyway I don't care, would not sell till r/s or delisted or worse. Have huge stake in it. with market cap 260000 its undervalued. may be next year we should see something. gltu!!!
holiday season, noone wants to talk to anyone, just calm before storm.
11 mill bought, 2,5 sold, have not seen dumping!!!
MACD still rising, no dumping here, only covers. wish I had more money to buy.
6300000 bought, sold 2500000, mm covering, nice job indeed!!!
Gold and silver getting up, we should go up north too!!!
bid 0.001 & ask 0.0015 ops!!!!
its look like we might get an uplift today?????
My account shows me 0.0002 do they hope me to sell No!!!
Market cap under 1 million with all good news?
Bid 0.0008 ask 0.0012, spread is big!!!!
Volume....?????,,,,,,,!!!!!!!
Thanks god we got shorted, bought on Friday, average 0.0011. Keep buying if it stays that low!!!
its heavily shorted!!!! By the middle of July we should see some results. Production news on the way up!!!
I've bought on downs, will sell on ups!!!!
still nothing!!!
ask 0.0005!!!!!!!!!!!!!!
The gold is down so far, but for how long. I,m betting on this to go as higher as my dreams, on Friday will buy more couseI believe it shorted. If the company wanted to dilute we would have seen hundred of million shares traded. Only a few millions so far!!!!!!