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News Focus
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DC168

01/28/11 11:21 AM

#41479 RE: bundyelvis #41478

I guess PRMO has loans. The net profit goes to pay down the debt.

I recall the $4.5M equipment, it seems there was some kind of loan arrangement.

Also cash advance to buy gold bearing material from villagers. Prepay export tax. Mining costs $300,000/month operating cost.
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bigBmakesmoney

01/28/11 3:18 PM

#41489 RE: bundyelvis #41478

$15 million inventory, when divided by the approx. number of o/s shares 8.4 billion results in .0017 value per share. How do you come up with .50 per share they you feel we should be at?