Prom Resources Inc (PRMO)

[CTigerHDragon]

So $208 million in gold available over 5 years. Minus cost of operation. Minus taxes. Minus a cut for the Tribal Leader. Minus gems and gold for the High Priestess of the Phillistines LOL. And there could be more gold when the geologist goes looking so we could or could not expect growth or expotential growth? If Dror combines this company with Blue Bay or whatever - then they get a big premimum for the gold once worked into jewlery.

I'll just make up a number and say that after costs and tribal cut we Prom is left with 50% profit and assuming that all we will ever get is the $208 million from gold shipments as is now:

208 divided by 2 eqaul $104 million in gold profit.
Easy to divide that by 300 million shares O/S and we get $0.33
I am not sure what the industry mulitpler is but I google 10, 30 and 50 for years past so here are the share prices based on those multipliers

10 = $3.30 per share

15 = $4.45 per share (I thought this was the multiplier - CrazyJ knows whatever it is - I am sure he knows)

30 = $9.90 per share

50 = $16.50 per share

If Prom paid about $4 in the past for shares (pre-split) and I think Xuan paid that too - After split that is $0.02 per share in todays values. So I would NEVER expect PRMO to sell below 2 Cents because Dror and Gerry paid that and right now we are less than half of that which is REDICULUS! Even Gerry is probably averaging down!

$4.45 is probably our new base price post PR

Can we go to the AUY value of $12? I hope!

We'll have to go fising for gold investors like AUY investors when we pop because they have little chance of maing money off of AUY's 52 week high anyway (it is high - not sure if it is 52 week high). They could come in here and pay $4 and think it is cheap compared to AUY.

Do NOT invest on my numbers..... I am only having fun trying to predict my profits if they ever materialize and if Gerry types out a Razzle-Dazzle-PR instead of a lawyered fluff PR.

imho

p.s. Over the months all my guess have been in $4 to $8 territory - can't get $40 to $200 pps without a major gold find like $ Multi-billion-Dollar 5-20 million ounces of gold jack pot GLORY HOLE - but give the geologist time and maybe we will hit that too.

p.s. I could be wrong - but I would NOT believe anyone predicting 10 cents or $0.02 - those numbers do not match the MILLION of Dollars gold that are indicted by these fuzzy PRs and promos of 50K / week 91% gold(PR) or 50k / 2 weeks (rumor) or $35 million ready gold or 5 year plan (2 rumors). It looks like $180 to $208 GOLD over 5 years from rumors and that fits the PR over the past year and a half.

p.s. So I will go to sleep and dream of $2 minimum to $4 likely and $6 maybe.

Pleasant Dreams!

imho