Replies to post #17512 on Prom Resources Inc (PRMO)

[CTigerHDragon]

No... I think Gerry will use some of his personal PRMO profits to put $2 million into his other company WNMX that needs $2 million as part of a deal with IBM (he mentioned that in a conference call about WNMX). Or maybe WNMX owns some PRMO stock (I don;t know - I am guessing - cuz where on earth will WNMX get the $2 million - Gerry's personal investment in PRMO is a likely place). But Prom is NOT putting gold into WNMX and WNMX is not putting anything into Prom.

We do not know if the new rumor person is real or a flipper or a prankster. I think he/she is real. But todays run was probably based on Littlebride who knows that Gerry Travels out of country on Prom business (and Xuan seemed to get a distorted version of story - that Gerry left - yea he left for the smelter - not left Prom is probably correct). But the new rumor source may have helped the run. But EVERYONE is expecting Gerry home by nov 22 - Thanksgiving - or earlier (today). So that is obviously the cause of the run today. That is why I planned on buying more today BEFORE this 3rd rumor person showed up. The new rumor person is CaptainMoti on the board who had two postings today. NOTHING is garuanteed in pennyland - we get rumors - we get dead-reconing. More proof is found in "securites" on the NYSE. But they don't make the money! They don't get any of our Turkey next week - IF we get it! I think we will. I personally beleive the new rumors by the CaptainMoti because they fit the size of the gold pot that we have watched develop in the PRs over the past year very nicely. No hype in those rumors. Plenty of room for expansion of mine operation but that is not hyped. Looks real to me.

[captainmoti]

that is the problem. you don't really know. i base my knowledge on who i talk to...winmax....gerald....dror...whoever...everything itself is gossip until the news itself comes out. we all read the so called press releases. we all wait in anticipation for the real news. i hear this gossip...the real question is do we listen and follow it.

if you actually look at the law in Madagascar you can see that PRMO actually doesn't own the gold per se, they have a license to extract it. The so called elders or villages own it. it looks like they get a price for the extraction of it....not just the labor price but a percentage of the gold itself. Does that mean DRor/Gerald/winmax....who knows...i have just heard these rumors. just as many of you have. i have heard the news will be released next week. it looks like the stock is making a turn around but we do not know if it will stay that way. from the people who short to others who want the price down, they will do whatever they can to keep it down. Eventually though it will catch up to them. Eventually a press release will be made that will catch them and they will have to make it right...that is what we all hope for...i truly hope these rumors are true and that the news is released next week...from reading all of your comments over the past months, to littlebride rumors and others i hope there is truth hidden in there...

winmax is up that is correct, gerald company, gerald who has a supposed stake in prom....they are tied together one way or another in my opinion. we all have to wait until next week and lets see what happens but at these prices it is hard to resist not to buy some more especially if these rumors are true. if this does go...i know i will buy some winmax from my profit...if the rumors prove true!!!!!!!!!!!!!