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Re: Blockhead post# 41677

Wednesday, 02/09/2011 8:54:30 PM

Wednesday, February 09, 2011 8:54:30 PM

Post# of 51628
Quote:" Why hasn't this thing at least popped to .001 yet? "

There is vital information has not been published. Such as estimated pure gold in inventory and in the ground. It is needed to estimate the market value of PRMO. Investors can bid accordingly. PPS will reflect the market value of PRMO. Let me give you one example:

There was a gold exploration and mining company called Br*-X. They drilled holes, took samples and announced the assay result from their perimeters. They told the world that approximately 100,000,000 ounces of gold in the ground within their perimeters. The estimated market value of Br*-X was $6B (in 1996 dollar). The pps went up to more than $150 USD. (I think most people know the rest of the story of this company.) My point is that these are vital information for any mining company to be successful. All IMO.