Replies to post #41478 on Prom Resources Inc (PRMO)

[DC168]

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.

[bigBmakesmoney]

$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?