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Hi all, What do you guys think of this? Any opinions are welcome. Thanks.
visionist
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1. I don't like the name, but that's personal. 2. There isn't much info that I can find. 3. There digging in Madagascar and I don't know anything about Madagascar. 4. Business model? Need to know more. 5. It's iffy and at a penny a share, you could buy 10,000 shares and not lose much. 6. I think you'll have to wait a long time to see this move much.
xHoRiZoNx33
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Thanks for the input Visionist. Just thought the after hour news was quite interesting..So they found out there are 91.3% pure gold in a 8.93 gram grab? Am I interperting this correctly? Correct me if I am wrong..
visionist
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One "grab" isn't enough for me. Wait and see or buy and hold. A few hundred bucks might pan out long term. BUT the old saying is, never hold pinkies long term. If you want to jump in and can wait a year or two, be my guest.
J_U_ICE
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nice!!!!!!!!!!!!
xHoRiZoNx33
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watching..thanks for the replies guys.
mjm2005
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quote:Originally posted by visionist: 1. I don't like the name, but that's personal. 2. There isn't much info that I can find. 3. There digging in Madagascar and I don't know anything about Madagascar. 4. Business model? Need to know more. 5. It's iffy and at a penny a share, you could buy 10,000 shares and not lose much. 6. I think you'll have to wait a long time to see this move much.
Hmmmmm, yet it jumps up 50 percent on Friday and breaks a lot of resistance. IMO, there's a lot more to come for PMRX. If the amount of news hits that I'm expecting (and I'm sure many others are expecting) this should do very well. I have a few emails in to IR that hopefully will be answered quickly. I've talked to Rich via email (the IR guy) multiple times already and he's been very good about getting back to me.
Also, only 180M OS with a 70somethingM float.
mjm2005
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quote:Originally posted by visionist: One "grab" isn't enough for me. Wait and see or buy and hold. A few hundred bucks might pan out long term. BUT the old saying is, never hold pinkies long term. If you want to jump in and can wait a year or two, be my guest.
Also, there's supposed to be news released (I don't know when, and that is my opinion) concerning new samples that were larger than the first. I'm still a little confused about what the Assay results found, but I anticipate much clarification in the coming weeks. After that initial fall, it seems to have stabilized at this level, and has been moving on air this past week. The stock was shifting around a lot and the PR showed that much of that resistance was easily broken. There is mostly likely a lot more support now at higher prices (0.01/0.011) and the next resistance/wall seems to be around 0.015. I was looking for 0.012 to break on Friday which was shattered within the first hour or even sooner, I forget...and now 0.015 is the next stop.
There's also a lot of interest on other boards, including IHub, for what it's worth. But, if this gets the news I'm expecting, watch out...it should do very well.
mjm2005
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Any thoughts?
mjm2005
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PMRX CONFIRMED--->
Posted by: mjm2005 In reply to: stushy who wrote msg# 2980 Date:11/20/2006 9:49:54 AM Post #of 2981
CONFIRMED!!
We have other stock piles of ore that we will be releasing assay results on very soon, but I don’t believe it will be all this week. We have interest from a Chinese group who would like to buy all the gold that we can produce from the deposit. Have they purchased anything yet… no because we havent shipped any bars yet.
From: Michael McGrath [mailto:mcgrmj5*wfu.edu] Sent: Monday, November 20, 2006 9:33 AM To: 'yes' Subject: RE: yes-enquiry
????
Posted by: stushy In reply to: None
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Date:11/20/2006 9:29:27 AM Post # of 2970
More news coming on the Essay results of three more piles..A guy from China is believed to be buying the gold..The news on the Essay tests of the three piles may come this week but weekly news will happen...Other news on Precious stones, and precious metal deposits also to come..
WE should begin our trip to .20 cents soon....No dilution and plenty of money.
Winmax owns the Gemstore, Inc., A major shareholder in Winmax and a couple of the Officers/directors owns shares in PMRX but no direct control from Winmax.
The Gemstore might purchase metal/precious gems from Winmax but I have no information to confirm as such
From: Michael McGrath [mailto:mcgrmj5*wfu.edu] Sent: Sunday, November 19, 2006 1:10 AM To: 'yes' Subject: RE: yes-enquiry
Rich,
Does PMRX have a connection to WinMax? Does PMRX have a jewelry store or a connection to one? If there is one, where is this store located.
Care to address thisà
Posted by: bstouten In reply to: mjm2005 who wrote msg# 2777
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Date:11/19/2006 1:06:03 AM Post # of 2800
No I have not been to the store. I am up in Calgary, Canada. I don't even think there was a store, just an address to get a business licence. I believe all the news that has come out over the last month, just I have a hard time understanding why after years of being a nothing company that they all of a sudden have assets and land and gold. Seems a little strange to me. Maybe someone wants to ask the PR guy how they managed all that the next time you talk to him
From: yes [mailto:yes*yesinternational.com] Sent: Friday, November 17, 2006 1:25 PM To: 'Michael McGrath' Subject: RE: yes-enquiry
Yes on the power outage and the issue regarding the pr because of the release.
25 kg=825 ounces x 630.00 per gold = 520,000.00 x.91 (The percentage of gold in pile) =473,000.00 in that pile. We have more piles with larger weight to report soon.
180,000,000 outstanding of which 80,000,000 in the float
From: Michael McGrath [mailto:mcgrmj5*wfu.edu] Sent: Friday, November 17, 2006 1:06 PM To: 'yes' Subject: RE: yes-enquiry
Rich,
When you get a chance can you confirm some of the things I’ve heard---
1) Did you have a power outage yesterday?
2) Was the PR emailed to you and was thus delayed because of the power outage?
3) Can you explain the most recent PR to me? I’m confused as to what it says—Percent per ton? Etc. What did the assay results pretty much come up with?
4) Is there more news expected soon?
5) Anything you can tell me that might be helpful to my understanding of PMRX? Clear things up a bit.
From: Michael McGrath [mailto:mcgrmj5*wfu.edu] Sent: Friday, November 03, 2006 9:24 PM To: yes*yesinternational.com Subject: yes-enquiry
In regards to Prom Resources (PMRX), what is this 25kg figure I keep on hearing? Does this have something to do with the amount of extractable gold per mined ton?
Thanks,
Michael McGrath
xHoRiZoNx33
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Thanks for the info mjm
bingo2005
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Thanks for the DD
Keep it up
paulbest
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i wouldn't even consider looking at this stock, just based on the members name hehe
mjm2005
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On who's name?
Oh, and you're welcome all.
OILDOG
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Maybe yall need to read the pr again. Seems they "sampled" an "adjoining" property!Not theirs. So, what releavance do samples from someone elses property have to...theirs.In the old days, crooks would get some gold,"salt" an old mine,then bring the suckers in,hence the old saying "salting the mine"!! duh. From what I've learned,Madagascar doesnt have much gold,but some semiprecious gems, and a lot of corundum. Be warned.
mjm2005
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quote:Originally posted by OILDOG: Maybe yall need to read the pr again. Seems they "sampled" an "adjoining" property!Not theirs. So, what releavance do samples from someone elses property have to...theirs.In the old days, crooks would get some gold,"salt" an old mine,then bring the suckers in,hence the old saying "salting the mine"!! duh. From what I've learned,Madagascar doesnt have much gold,but some semiprecious gems, and a lot of corundum. Be warned.
I have an email in to IR about that.
mjm2005
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Prom Resources, Inc. Has Sent Gold Samples to Umicore for Assay Monday November 6, 2:00 pm ET
MIAMI, FL--(MARKET WIRE)--Nov 6, 2006 -- Prom Resources (Other OTC:PMRX.PK - News) submitted its grab samples from the perimeters negotiated in Madagascar to The Umicore Group ("Umicore"), the results of which will be available early next week.
The samples submitted for testing are of 'free' and 'coarse' gold, which are in adjacent areas to the perimeters we have negotiated. These perimeters have yielded up to one half ounce per tonnes.
"The 1st phase of the sampling program at Prom has been completed and the anomalies are being interpreted for targeting future excavation. Our plan is to continue to extract samples to determine the scope of the area," said Dror Moradov, President of Prom Resources, Inc. "We expect our results to demonstrate the potential for higher grade mineralization."
Once these results have been determined the company will continue to extract samples in the range of 100 kilograms thru 200 kilograms to determine the size of the deposit.
For further information about this release, contact Rich Kaiser, Investor Relations, YES INTERNATIONAL, 800-631-8127.
About Prom Resources
Prom Resources, Inc. is currently engaged in the active exploration and extraction of gold ore, corundum and beryl material at different mining and exploration perimeters in the democratic Republic of Madagascar. www.promresources.com info*promresources.com
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of Prom Resources, Inc. and its subsidiaries (hereafter collectively referred to as "the Company,'' "we,'' "our'' or "us'') to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. The words or phrases "would be,'' "may allow,'' "intends to,'' "may likely,'' "are expected to,'' "may continue,'' "is anticipated,'' "estimate,'' "project,'' or similar expressions are intended to identify "forward-looking statements.'' Such statements include those concerning our expected financial performance, our corporate strategy and operational plans. Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties.
Contact:
Contact: Rich Kaiser Investor Relations YES INTERNATIONAL 800-631-8127
Source: Prom Resources, Inc.
mjm2005
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Prom Resources, Inc. Reveals Assay Result Thursday November 16, 5:18 pm ET
MIAMI, FL--(MARKET WIRE)--Nov 16, 2006 -- Prom Resources, Inc. (Other OTC:PMRX.PK - News) announced today the results of its first grab sample from an alluvial deposit in Madagascar. Recently, The Company's geologist grabbed a sample off a 25Kg stock pile from the deposit. The geologist logged the sample and shipped for assaying results.
The Company retained the services of Umicore Precious Metals, Ltd. ("Umicore"), Bangkok, Thailand, for the assaying services.
Umicore reported the following assay result on a random 8.93 gram grab as follows:
Wgt. In (Gms.) Used (Gms.) Wgt. Ret (Gms.) %Au 8.93 0.04 8.53 91.30
Management remains committed to further reveal results from its on going mining ventures in the Republic of Madagascar as they become available.
About Prom Resources, Inc.
Prom Resources, Inc. is currently engaged in the active exploration and extraction of gold ore, corundum and beryl material at different mining and exploration perimeters in the Republic of Madagascar. For further information please visit our website at www.promresources.com or email us at info*promresources.com
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that could cause the actual financial or operating results of Prom Resources, Inc. and its subsidiaries (hereafter collectively referred to as "the Company," "we," "our" or "us") to be materially different from the historical results or from any future results expressed or implied by such forward-looking statements. The words or phrases "would be," "may allow," "intends to," "may likely," "are expected to," "may continue," "is anticipated," "estimate," "project," or similar expressions are intended to identify "forward-looking statements."
Contact:
Investor Relations: Rich Kaiser Yes International, Inc. Telephone number: 800-631-8127
Source: Prom Resources, Inc.
paulbest
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quote:Originally posted by mjm2005: On who's name?
Oh, and you're welcome all.
sorry on xhoziztrauiis87y32nq[0%%T%^V&The guy who started the thread I mean. Why can't he just use one letter X
mjm2005
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hahahah ok...
gfinney
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This may become the next big runner. It has all the makings of a run. Less than a penny, chart looks like it hit a bottom, rumors of a huge gold find and a report coming to announce all the gold in dem dar hills. Just make sure you sell before the PR, Buy on rumor; sell on news. This is what I've found on it from another board. **********
I have just heard back from Gerald at the number I called at the website. the following was related: 125kg of gold is at the smelter. with another 4500 kg in reserve. Rick Kaiser is not the PR guy any more. A new office is being opened in Florida and the number will be 1-954-697-2199. It was forwarded to Rich Kaiser but that will be stopped. Asked about a PR and he said it would be about another week before any PRs. Thats all I know at this time.
xHoRiZoNx33
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up 42%
gfinney
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My guess is that it will close around 30% today. Each day, a little more volume and a little more interest.
gfinney
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21% ain't too bad. It's still early and rumors are running. Keep it on your radar.
posted