Prom Resources Inc (PRMO)

[DC168]

Normal practice in gold mining industry is that they drill test holes within perimeters. Take them to qualified lab for assay. They announce the assay results, estimate the gold tonnage in the ground, they are trading in pennies or higher without even production and sale.

PRMO is running this business in an unusual way. They say they have perimeters, they are producing and they are selling and have millions of dollars revenue and net profit. But they fail to say the estimated amount of gold in the ground and in the inventory. These are vital information in this industry and in the investment world. Investors can bid according to the estimated total market value of PRMO. The pps should reflect accordingly. All IMO.