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I found the following from pinksheets.com.
There are 8 classes ranked by Pinksheet:
OTCQX (Highest ranking)
OTCQB
OTCBB
Pinksheets Current
Pinksheets Limited (PRMO is at this level, Yield Sign)
Pinksheets No Information (Stop sign)
Upgrade Your OTC Tiers (Grey)
Caveat Emptor (Skeleton,PRMO was at this level about 1.5 years ago.)
Hope it clarify the Flag issue.
No longer stop sign. It has been changed to yield sign, immediately after filing the first quarterly financial report. It seems that Dror's plan is to move up a step or two. Multiple PRs and financial reports will probably do the trick.
I expect the second quarter financial will be much better. IMO. Since the gold index has been ~$1380, as compared to ~$1280 in first quarter.
He has done that before in 2007. I recall the 200:1 R/S. He is not rich yet. He is smart enough to find another way to get rich. Such as doing something a real business man suppose to do. i.e. do it the right way and smart way.
Waiting / holding for the main course. Trying to read Dror's mind. What will be his next move?
Obviously, multiple PR will definitely help to boost the share value and benefit the share holders. However, there is lots of obstacles in these type of mining business. The political situation in Madagascar is extremely unstable. The upcoming presidential election is up in the air. The entire mining and resource industry are stuck.
Ghana is more stable and more promising at this point in time. Hopefully PRMO can take advantage of it.
The appetizer is not bad. The soup is tasty. I hope the main course will be delicious.
Will it be more gold sale, diamond, sapphire, ruby or additional perimeters, merger, buy back or buy out?
Just curious.
I expect the second quarter financial will be better due to higher gold index from Oct to Dec. It seems gold index will stay at this level for a while. PRMO has got enough reserve for the next 5 years production. It is looking good from this perspective.
Gold index was at ~$1200 from July to September. It was ~$1300 from October to December. I expect higher net income in the second quarter. It is very promising. Go PRMO Go.
Dror has kept his promise. What a juicy PR. Go PRMO go.
Gold is at ~$1380 range and looking good. Go Gold Go.
Good thing that someone is working/updating the web site. The old share structure was on the web site for years.
Something is cooking here. The PRMO website has been updated recently with new share structure. I can smell the main course.
Quote: We will PR some exciting news when certain transactions we work on materialize.
Would it be significant amount of gold sale; Acquire more perimeters; Purchase more equipment; Start up a new gold mine; Start up in another country; Merger; Buy out.
Just curious.
All longs have been holding for years. Finally, there is light at the end of the tunnel. Go PRMO Go.
Gold index is heading towards to $1400 again. Go PRMO Go.
I assume PRMO CEO has got a game plan in-place. They should know what to do if they really want to promote this stock.
There has been lots of things happened with PRMO. The details of $6M revenue, the number of gold shipment, the exact location of the mine (from Ghana or Madagasca?), recent photos of the mining equipment, the quality of the gold bearing material and ore samples, progress of acquiring more perimeters. These are valuable information to the public. Regularly update with PR can definitely bring attention to more investors.
With a nice PR, more people will know about it. It helps.
Gold is moving up again this morning and getting close to $1400. PRMO has enough reserve for 5 years production. It means steady income if gold price remain at relatively high level. Looking good. Go PRMO Go.
As long as the governments are printing more paper money and do not control their expenditure, gold price will move up. PRMO has got materials sufficient for at least 5 years. It has got great potential.
PRMO logged the first shipment of gold in 2008. More shipments were delivered since 2008. It seems that it is on the right track. As long as gold price remains at reasonable high level, it has got great potential.
Gold Index in 2009 was $800 to $900. It was $900 to $1100 till June 2010. It has been $1100 to 1430 since June 2010. PRMO's revenue in the last 5 month must be significantly higher. Go PRMO Go.
Gold is at record high. The PRMO annual report was announced at the right time. The whole world is watching the gold price. Go PRMO go.