total mystery and possibly a total fraud?if one has been reading the past FINANCIAL REPORTS of PROM RESOURCES they would get the picture of a thriving mining company yet the only press releases PROM puts out are vague fluff ones not revealing any details.imo
where are details from GHANA mining with their subsidiary MADAGASCAR GOLD AND GEMS LTD?
whats with their COMMERCE AD about being able to supply for sale up to 250 kg a month GOLD DUST at MADAGASGAR GOLD AND GEMS LTD?
WHATS up with the PROM RESOURCES WEBSITE where they mine in MADAGASCAR at 8 locations and sell to third parties?that PROM RESOURCES HOLDS an interest in several companies in madagascar .quote below from the website!WHY NO FINANCIAL NUMBERS EVER DISCLOSED FROM THEIR MADAGASCAR OPERATIONS ?
Assets
"Prom Resources endeavors to maintain and support its operations through the development of a strong asset base from its Madagascar mining perimeters. Prom Resources' corundum exploration takes place in northern and southern perimeters of Madagascar, the world's fourth largest island, which is located approximately 400 kilometers off the East Coast of Africa. Prom Resources has acquired major interests in well-established and official Malagasy companies, which have corundum concessions in the north and south of the island."
WHAT IS THE PARTIAL REFINERY PURCHASE NAME I BELIEVE SHAREHOLDERS HAVE A RIGHT TO KNOW FOR VERIFICATION?
WHATS WITH THE $4.5 MILLION IN MINING EQUIPMENT BEING ACCOUNTED FOR IN THE FINANCIALS AND WHERE ARE THEY AT WITH AN ITEMIZATION?
HOW MUCH GOLD AND SILVER AND APPROXIMATE VALUE THAT $25,000 IN SEPT 30,2010 IS BEING ACCOUNTED FOR INVENTORY STORAGE AN INCREASE FROM $8,000 A QUARTER FROM SEPT 30,2009?
WHERE ARE THE RESULTS FROM THE IVORY COAST PERIMETER ACQUISITION FROM THEIR FLUFF PR IN SPRING 2011?
WHY NO INDEPENDENT AUDIT OF ALL SIGNIFICANT PROPERTIES SHYAM VASNANI ATTESTED TOO IN AN EARLIER PR SO WE KNOW APPROXIMATE RESOURCE AMOUNT AND POTENTIAL LIFE?
WHERE ARE THE LICENSING COSTS BEING APPLIED FROM THE SEPT 30 2010 FINANCIALS SHOWING AN INCREASE IN COSTS FROM $10,000 THE QUARTER OF SEPT 30,2009 TO $120,000 THE QUARTER? WHERE IS THE BIG INCREASE IN PROPERTY TAX ON PERIMETERS FROM $12,000 TO $37,000?IMO