Prom Resources Inc (PRMO)

[PNKBULLSHT]

Repost........
If this isn't a p*mp and d*mp scheme, I don't know what is. If PRMO ever gets some life back I will be the first to congratulate GURU, but for now he's on my DO NOT FOLLOW LIST!!!


JPS02 Share Saturday, February 19, 2011 3:30:22 PM
Re: None Post # of 44802

Guru's blogs about PRMO from Nov. 8/10 - Feb. 18/11 at his blogspot (http://pennystockgurus.blogspot.com) are compiled below:

Feb. 17/11
PRMO if GTLL can burst higher on its latest string of press releases, then I have little doubt PRMO will perform similarly at some point in the near future. The company reported $4 million in revenue last quarter. $3 million in net income. Extrapolate that over a full year and you are looking at $16 million in revenue and $12 million in net income. This gold stock remains the cheapest in the entire stock market trading between $.0001 and $.0002 a share. It has a large share structure, but I don't think that will matter if investors start catching onto this stock.

Feb. 3/11
PRMO I have not forgotten about this stock and it still remains the least expensive gold stock in the entire market. I think at some point this $.0001/$.0002 stock will break out in a big way.

Jan. 12/11
PRMO gold and commodities continue to be strong. PRMO is vastly undervalued considering its assets and profit. I expect this stock to mount a substantial rally at some point in the short term.

Jan. 6/11
PRMO gold still sits near its all-time highs, and PRMO is in the right spot to capitalize upon this. This remains the cheapest gold stock in the entire market place. At some point it will catch up to its true value, until then this stock offers a great risk/reward opportunity.

Triple zero stocks offer the chance at a great reward. The lower the price the bigger the potential gain, but also the risk of loss increases. For instance if you purchase a $.0001 stock that has no bid, the minute you make that trade you are sitting on a 100% loss, as there are no bidders for your stock. If you purchase a $.0002 stock you are sitting on a 50% loss the minute you buy that stock. But it goes the other way as well. If the stock moves a few ticks to the north you stand to make a quick 50-100% and more than likely 200-500%.

As I have said in the past, these stocks can get a mind of their own and once they get going they can travel swiftly to the upside.

These are my triple zero stocks to watch for 2011. I think each of them have the potential to post big gains in the short term. While nothing in this market is a lock, these stocks offer a great chance at big profits.

Here are the stock tickers and price as of the close of trade today:

TSN* $.0003
PRP* $.0002
PRMO $.0002
UWR* $.0007
MTI* $.0009
AWY* $.0008
MTR* $.0007
STA* $.0005
SDI* $.0005

Dec. 30/10
PRMO volume is starting to come back and with it some positive price movement. It took very little volume today to secure a solid bid for the stock and a reduction in the market makers asking $.0003. With the continued growth in interest, PRMO should see $.0004 and better short term.

Dec. 23/10
PRMO this gold stock remains the cheapest in the market place. While these sub-penny stocks hold tremendous risk, the reward can be huge, and I think PRMO will be rewarding its shareholders soon. At this stage I am one of the few that feel this way, but I enjoy being right when everyone else is wrong.

Dec. 20/10
PRMO today's press release was the first issued by the company in several years. As I have told my subscribers, I think PRMO is a triple zero stock that is just getting started. While it can take weeks or even months for these stocks to get going, when they do there is literally no telling how far they can go.

Dec. 19/10
PRMO I have been featuring this stock on my blog for several months now. Initially is was a bidless stock, and then surged to $.0004. It rests at bid $.0001 ask $.0002 currently as traders/investors alike have fled to other stocks in hopes of catching some profits. I think PRMO will surprise a lot of people going forward and those who sold, will be looking to get back in when PRMO is at higher prices.

Dec. 15/10
PRMO the bid fell back to $.0001 on light selling volume today. This remains the cheapest gold stock in the market. With assets and profit growing at a remarkable pace, this stock is undervalued personified.

Dec. 13/10
PRMO with some great financials hitting the wires today, this stock looks ripe for a rally. Even bolstering the potential rally is the attempt by someone to fabricate a false malicious press release. I ask you who would go through the effort and risk of issuing this type of a press release? Who stands to benefit if the price per share of PRMO were to fall? There is only one answer to that question, anyone who has shorted PRMO stock. This makes me even more confident that a constant buying pressure will vault PRMO higher.

Dec. 10/10
PRMO this gold stock continues to consolidate at $.0002/$.0003. I have little doubt that this stock will break out in a big way in the near future.

Dec.7/10
PRMO after some light volume took down the bid, you could sense people giving up on this stock. Triple zero stocks are risky, and there were many who gave up on AWYI when it didn't rocket straight up from $.0003. AWYI recently hit $.0023 and those selling early were regretting it later. In this market selling scared will never make you a profit. If you are not prepared to risk your capital, then you will likely never bear the fruits that patience can bring. It takes guts holding onto a loss in hopes of a big gain, but that is one of the best ways to thrive trading penny stocks. PRMO came back strong late in the session, which tells me it has a long way to go to the upside.

Dec. 6/10
PRMO some may view today's action as a disappointment as the stock did not soar 100% or better. I, on the other hand, think today's trading action gives PRMO a better chance at big gains down the road. The stock is under accumulation and these triple zero stocks can take days, even weeks to develop. If making 100%+ trades was that easy you wouldn't be here reading my blog. These things can take time, and more often than not, most people will sell without ever profiting from the big breakout.

Dec. 3/10
PRMO investors are starting to digest the annual report from earlier this week and realize the true potential of this stock. Gold is trading near all-time highs and I suspect PRMO is ready to trade near and through its highs as well. The accumulation is evident and the potential for price gains, at this point, is great. Just as the price of gold has no limit, PRMO has no set target. All we know is that this stock is just starting to get going. It could turn into one of those memorable stocks people will be talking about in the years ahead.

Dec. 2/10
PRMO this stock is getting ever so close to breaking out higher. This gold stock is starting to gain interest and could see a rapid ascent as the accumulation continues.

PRMO looks right on the verge of a breakout. Trading today took place decidedly on the ask and I would not be surprised to see PRMO take a swing at $.0004 tomorrow. These triple zero stocks can take time to work through the supply of shares in the market, and I think PRMO is right at that point where the supply is shrinking and the demand for the stock is growing.

After all, this is a stock that boasts gold assets of over $12 million, revenue of over $6, and net income of over $2 million. This is all from their recently filed annual report. I think shares are tremendously undervalued.

With the company positioned to profit from the recent surge in gold prices, it makes sense that the share price of the company will follow suite.

Dec. 1/10
PRMO those 7 market makers that were offering $.0002 yesterday had different thoughts today and wisely moved higher on the ask as they ran out of shares to sell. These triple zero stocks can take time to get going as investors accumulate shares at various levels. Today investors started accumulating the $.0003's and at the close only 4 market makers remained offering $.0003. You can already see how the supply of PRMO stock is shrinking, which means continued buying will only send the price higher. With the price of Gold continuing to climb, what better way to profit from this than buying a gold stock? Especially one I think people are finally starting to catch on.

Nov. 30/10
PRMO volume is starting to pick up, and I don't think it will be long before this stock starts to get a head of steam going. These triple zero stocks can get a mind of their own and with gold sitting near all-time highs, investors are looking for the next big gold stock. PRMO just might be that stock.

Nov. 29/10
PRMO this stock remains the cheapest gold stock in the stock market. With today's annual filing we found out just how cheap this stock is. $18 million in assets, almost $7 million in revenue and $2.3 million in net profit. At some point investors will catch onto this stock and send it higher. Getting in before the crowd is one of the best ways to make money in this market.

PRMO's revenues grew over 100% this past year to over $6.2 million. The company posts a net profit of $2.3 million and the company anticipates these numbers to grow over the coming years. With gold touching new highs, I have a tough time arguing with that assessment.

The company's latest annual filing reveals what I have thought all along, PRMO is the cheapest gold stock out there. They are growing revenues, posting millions in profits, and is trading quietly at $.0002. I don't think this will be the case much longer.

To top it off PRMO has over $18 million in assets. That is a substantial number for a triple zero stock. Most transparent triple zero stocks have very little, if any, assets. Also consider they have over $11 million more in assets than liabilities. While some see a large share count, I see a gold stock that has been under quiet accumulation. I think many will be surprised when this stock finally starts to run.

With these triple zero stocks there are always the naysayers, those who doubt the potential these stocks have. More often then not they provide a good indication of exactly what won't happen. The way to make money trading penny stocks is to buy when no one else wants to, or believes it to be the right thing to do.

PRMO isn't trading for $.0002 because people want to buy this stock. But I think that will all change in the near future.

Nov. 23/10
PRMO as I have said previously PRMO is the cheapest gold stock in the entire stock market. Anyone wishing an inexpensive way to capitalize on the recent rise in the price of gold need to look no further than PRMO. This stock has found solid support and I would no be surprised to see it start to gain momentum over the coming days and weeks. This stock is ripe for a big rally.

Nov. 20/10
PRMO this is the cheapest gold stock in the entire stock market. This will be one of those stocks you wished you had bought when it was at $.0001/$.0002. You see it all the time, the regret of missing an opportunity when it was right there for you. Not many thought SRSR was a good buy at $.0003/$.0004 a few years back. That gold stock went on to hit over $.20 a share, and gold wasn't even trading at the record prices it is today. I think PRMO will be one of those stocks that people will be wishing they had bought.

Nov. 18/10
PRMO with a strong bid and steady it is only a matter of time for this stock. This is the cheapest gold stock out there. What better way to capitalize on the recent rise in gold?

Nov. 17/10
PRMO the buying is starting to pick up, and I think it is only a matter of time before this stock takes off. As I have said previously PRMO is the cheapest gold stock in the market. If you want to play the appreciation of gold, but weant to be buying inexpensive shares, than PRMO is your stock. The reward for buying a $.0001-$.0002 stock can be tremendous.

Nov. 16/10
PRMO I received an email asking why I like this stock. I will give three reasons. First it is a gold stock and gold, even with the recent drop off, is still sitting near all-time highs. PRMO is the cheapest gold stock in the entire market. PRMO recently filed an amendment indicating the company is coming back to life. PRMO trades for $.0001/$.0002, a great price for those of you that want to take a gamble that PRMO will post a 500% - 1,000% gain from here.

Nov. 15/10
PRMO I think this triple zero gold stock will surprise people in the near future. These can be the most lucrative trades in this market. The low price and potential for substantial gains draws interest from investors and traders alike.

Nov. 12/10
PRMO this gold stock has held strong the last few sessions and looks poised for a significant breakout. With every other high priced gold stock already posting big gains, this $.0002 stock is the cheapest active gold stock in the entire stock market. I think that will change soon.

Nov. 11/10
PRMO this remains the cheapest gold stock in the entire stock market. At some point investors will get into this stock and it will get the interest it deserves. Until that time comes, in my view, this is a great buying opportunity. Getting into a stock before the rest of the investment community is one of the best ways to profit in this market.

Nov. 10/10
PRMO this stock remains strongly bid and should soar once the company gets active in the investment community again. With gold at such lofty levels, this is a stock that could easily capitalize on the current market trends.

Nov. 9/10
PRMO the stock saw some light buying throughout the session. The bid firmed and this stock looks to be setting up for a nice run. This is a company the should be ready to capitalize on Golds dramatic rise in value.

Nov. 8/10
PRMO this $.0002 stock could be the next big gold stock. The company has updated its Secretary of State and could be releasing news to its shareholders at any moment. At current prices this stock offers and great risk to reward trade.

Every day it seems gold is making new highs. In response the penny stock market is seeing Gold stocks soar in unprecedented fashion. Everyone is on the lookout for the next big Gold stock, and I think I may have found one, PRMO - Prom Resources. While investors have been out chasing $.005, $.05 gold stocks, they've been missing the cheapest Gold stock in the market, PRMO.

PRMO - The Next Big Gold Stock?

PRMO closed trading today at $.0002 a share. I think it could see interest grow in the coming days and weeks. Last year PRMO's annual report showed assets of over $12 million. Currently PRMO's market cap is 1/6th that figure. If PRMO just wanted to realize fair market value it would have to post at least a 600% gain from today's close. And those are last years numbers. With Gold up over 60% from last year, PRMO's assets have likely grown considerably, meaning its shares are even more undervalued today then ever before.

Some may argue that PRMO has a very large share structure that will limit price gains and the the recent amendment will send this stock back to $.0001. My response is simply that I don't think the company would bother staying active and filing amendments if they did not see a price gain on the horizon. Actually the company is putting things together at precisely the right time. With Gold hitting a new high seemingly every trading session, what better time to utilize your millions in assets and restore shareholder value then right now?

I have always tried to find my readers and subscribers stocks that are poised for a big run. I think PRMO fits the bill for the next runner. There will be many that are surprised by this stock and many who have the opportunity to profit off this stock.

While everyone is out buying up the next Gold stock for $.02, $.05 $.20 a share, investors have missed a great opportunity that was right under their nose. I do not expect to see $.0002's last for very much longer. At the current prices PRMO offers an excellent risk/reward opportunity. The risk is that PRMO goes back to no bid, the reward is PRMO posts a 500 - 1,000% rally from here or even better.

Either way PRMO deserves watching in the days and weeks ahead.