Replies to post #41954 on Prom Resources Inc (PRMO)

[kura]

I agree with most of your analysis on PRMO. Thanks. Your analysis is awesome.
But, a couple of things are bothering me here.
1. If they own about 1.5B shares themselves, why they had to increase A/S to 20B? Increasing A/S is a bad business, IMHO.

2. Increasing A/S and holding that many shares means they are decreasing their own value themselves. This is puzzling to me.

3. If they are sitting on huge inventory and trying to cover up something to hide tax and to gain personal benefit, isn't that crime? I don't know.

I want to add more on my 11M shares, but am reluctant at this point.

But, I still have hope on this. The good news, IMHO is this is the cheapest gold stock in the market.

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This is just my personal opinion

[$treet $inatra]

Great analysis as always DC168! It leads me to believe that PRMO should be updating us with news sometime in the near future!