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DC168

12/25/10 2:13 PM

#40037 RE: LAMBSHIFT #40034

According to the 2009/10 financial reports, PRMO has 6100 kg of gold bearing material in inventory. Management has decided to wait till higher gold price. It seems that this is the time which gold index is at ~$1380. So, I did a simple calculation assuming that if PRMO sell all inventory today, the present value (net profit) of the 6100 kg gold would be $207.4 million based on $1380.
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RetireEarly38

12/25/10 7:27 PM

#40043 RE: LAMBSHIFT #40034

The real question is "where did you come from out of the blue with so much insight on this stock"?