Even if you DON'T know how to read charts the daily AND weekly look ready to ROCK!
Daily chart: I like because the PPO (like MACD) is so close to the Neutral line and about to cross perhaps, -in the history of this chart we can see breakout's when the indicator lines have crossed over this Neutral point.
Weekly chart: I like because the last time the PPO indicator crossed that Neutral line in the PPO indicator, it climbed for 3 weeks.
Looks like "Santa's" here Gentlemen...
Dislike's about PAIM: I DON'T like the Naked Shorted issue with TDA... I'd even venture to say that if this basically "perfect GALLERY chart/s setup" doesn't take off, -it's because of that happening again...
Weighing it all out, I think the probability of the run is more likely... IMO
posted
I'm still holding those 2.6billion preferred shares that I'll trade in in another 4.5 years for the 500 to 1 conversion rate . Can't wait to see if its worth anything then!!! Didn't cost much to acquire so if it don't thats cool too but I honestly think it will be worth much more to wait.
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Thats what I was kinda afraid of too. They won't catch me buying any common shares so I'll just hold them suckers and wait. They are "free" shares which makes it really nice since I flipped out of it.
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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posted
Chart.. . . Do you have any understanding of when quarterly financial results and finacial statements are planned for release? If such has already happened, I missed it and would be grateful for a point to a link or publication of the current financials. TIA
-------------------- "No nation was ever ruined by trade." Benjamin Franklin Posts: 533 | From: Dooville, Indiana | Registered: Jul 2006
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Just going off the chart and indicators for this ride, it's support was at .0010 so we're still up 50% over that and still strong, -looking for another big pop...
Volume stays high we may get another push, holding well ~
It would be great if today IS a pullback day and then we continue on... So far it looks like it ~
I like that the Stochastic is about to cross positive again, and that it never got as LOW in the indicator as last time (sign of growing strentgh), MACD is still climbing, this should be a very interesting week IMO ~
The old support of .0010 is now .0012, that is the first confirmation of the uptrend, higher lows, now for some higher highs I hope! --looks good so far RSI is growing also...
Just Curious here, ...what was it that brought your attention to PAIM? Have you been following this stock just recently? . . I have been following it for at least six months now and have had a position just as long, right after the stock buyback was 90% complete in June............... My take then was that the stock was at a bottom (can not get much lower than .0001 unless your an MM) and the Financials were reasonsable with almost no debt, and their business is gold ore. I believed (as I do now) that this issue was a good long term play. . . GLTY
-------------------- "No nation was ever ruined by trade." Benjamin Franklin Posts: 533 | From: Dooville, Indiana | Registered: Jul 2006
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When I started this thread Paim did pop 60%, our support was a solid .001, we are in a pullback right now.
Good things: Our support is now HIGHER then before and so far is holding (.0011) if we can hold this it would be a sign of strentgh, if we go back to .001 it would be a sign of weakness. MACD is still on an incline and waiting to bust out over the neutral zero line of the indicator.
Draw backs: CMF indicator is negative, not that big a deal because we are in a pullback, some volume from a PR and this could run again according to the indicators.
BOTTOM LINE: We are at a crossroads right now with the stock IMO. The CMF indicator has gone both positive and negative and now hoovers around the neutral point. MACD HISTOGRAM bars in the WEEKLY chart haven't gone positive yet, things still could be coming to a push to the upside here, we'll find out after this pullback. If we stay above the .001 that would be great, it would be time to sell if it fell below that .001.
That's pretty much the way I see it Bucky ~
It's still settling, and chances are if we stay above .001 that we will once again bounce upward. IMO
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PAIM (.0007) Reports on Quantity of Gold Produced, Status of Mine Site, and "Gift of Hope and Healing" by the Medical Mission Volunteers
Business Wire "US Press Releases "
MANILA, Philippines--(BUSINESS WIRE)--
Pearl Asian Mining Industries, Inc., with Stock SYMBOLS: U.S.A. (OTC:PAIM); GERMANY (GER:R1Z) (FWB:R1Z) provides a year-end 2006 update on its Philippine operations. Jason Piamonte, Chief Executive Officer, issues the following report.
A total of 84 grams of gold have been extracted from about 6 metric tons of ore processed at Project Cagayan de Oro (CDO) during the start-up and commissioning phase, excluding ore processed during the trial run, which has been reported previously. The Gold Team expects substantially higher production/capacity utilization rates and gold output once normal production run commences in 2007.
An area covering 5 hectares have been explored, out of the total 20 hectares of the Project CDO mining claim, and the Gold Team is evaluating several other adjacent gold mining claims for possible future development.
The recent typhoons, though not directly hitting CDO, have adversely affected operations by washing out ore stockpiles, covering the rich gold veins and damaging portions of the roads, but the Gold Team has done corrective actions to mitigate extent of damage, i.e., rehabilitation of stockpiles and roads affected.
Project CDO is now ready for full operations, as the mill plant is now fully secured with barbed wire fence and security detail composed of PAIM-employed internal security and security men from the Higaonon tribe manning the perimeter area. The Whispering Hope Healing Center/Clinic, Health Professionals' Living Quarters, Chapel, and the roads have all been completed, way ahead of the medical mission's "Gift of Healing and Hope" last December 14th-16th.
The Pearl Asian Medical Mission composed of committed hard working volunteers: Dr. Sean Wormuth, Sandra Hoskins-RN and Julieta Ludovico-RN, were flown in from the USA by Pearl Asian and initially given a tour of the mine site. They were ably assisted by local health professionals from Iligan City, Lanao Del Norte headed by Dr. Villarin, Head of the Minister of Health, 3 other local doctors, a local nurse, several other health workers and volunteers. The 3-day mission was done at the Whispering Hope Healing Center and then at Rogongon's LLG Foundation Health Center. A total of more than 550 indigent native Indigenous Filipinos were treated of their illnesses and ailments. Pearl Asian wishes to convey its heartfelt gratitude for the selfless efforts of all volunteers and all those who have assisted in making this successful medical mission a reality.
Pearl Asian is committed to improving the lives and welfare of its host communities through its Community Relations Division headed by Bro. Manny Tecson, President/COO of PAIM's Mindanao Gold Projects and shall continue its outreach programs in the years to come with the help of its valued and generous USA Investors.
Pearl Asian looks forward to continuing its gains on to 2007, under the leadership of Chairman/Founder e. Pearl Asian. A Special commendation to the members of the PAIM Gold Team: Jason Piamonte, Randy Villanueva, Manny Tecson, Arnel Morilla, Gary Gotanco, Rick Bernardo, Ariel Caleon, Maria Zonnik, Abby Dormitorio, Mabel Quinto, Elvis Hidalgo, Cesar Rosales, Jonathan Mercado, Regie Selvano, Mike Penalosa, Rochelle Laylay, Andy Cacho, George Carpio, Rene Bravo, Erwin Bravo, Dennis Bravo, Gilbert Jaca, Albert, Arthur, the PAIM Security Forces led by MsSgt. Edward Madrid and Commander Mario Guillermo together with the KAHIB Indigenous People led by Datu(Chieftain Junie) and the 100+ members of the Higaonon mine workers.
FORWARD STATEMENTS:
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves, mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny Stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Source: Pearl Asian Mining Industries Inc. - Philip
-------------------- "No nation was ever ruined by trade." Benjamin Franklin Posts: 533 | From: Dooville, Indiana | Registered: Jul 2006
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posted
Thats bull****. Im in the philippines right now and there is no mine. Cagayan de Oro is the heart of the NPA(New People's Army) and MILF (Moro Islamic Liberation Front). Both are at war with the philippine government. Good luck with a mine there! hahahahahah f'n scammers.
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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quote:Originally posted by SuperSniper00: Thats bull****. Im in the philippines right now and there is no mine. Cagayan de Oro is the heart of the NPA(New People's Army) and MILF (Moro Islamic Liberation Front). Both are at war with the philippine government. Good luck with a mine there! hahahahahah f'n scammers.
Yea, I've never been there but kind of figured that long ago when it first was introduced. I have a few friends from there and they say theres no way otherwise they'd have already explored and grabbed since they are such poor people. It was fun playing it while it lasted and was alive. Good luck all.
-------------------- I buy fast and sell faster! Posts: 2018 | Registered: Jan 2006
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Pearl Asian Mining Industries Sets March 31, 2007 as Payment Date for Issuance of Stock Dividends of Philippines Royal Oil & Alternative Energy Co., Inc. (Stock Symbol: PROL) to PAIM Shareholders
NASDAQ Need Not Set an X-Dividend for PAIM’s Stock Dividend, as the Dividend Shares of PROL to PAIM Shareholders are Restricted Under SEC Rule 144; First Pure Gold Refined by PAIM’s own Refinery/Metallurgy, Pearl Asian Mining Reports
Pearl Asian Mining Industries, Inc. with stock symbols: U.S.A. (OTC: PAIM)(OTC: PAIMP); Germany (GER: R1Z) and (FWB: R1Z), announces that it has set March 31, 2007 as Payment Date for the issuance of stock dividends of Philippines Royal Oil & Alternative Energy Co., Inc. (OTC: PROL), previously Philippines Gold Mining Corp. (OTC: PGMC). PAIM’s CEO Jason Piamonte, states: “We have set March 31, 2007 as the payment date for issuance of stock dividends of 1 Post Split Common share of PROL for each 100 PAIM Common shares held as of record date of February 26, 2007. NASDAQ need not set an X-Dividend, as the stock dividends are restricted for one year under SEC rule 144. Furthermore, no action is required of PAIM shareholders eligible for the stock dividend. We shall mail the post-forward split PROL stock certificates to their listed addresses. We would like to thank all PAIM shareholders for patiently bearing with us through the unforeseen delays we encountered during the processing and transition of this corporate action.”
For further information on Philippines Royal Oil & Alternative Energy Co., Inc., please check out the company website: www.philippinesroyaloil.com.
Chief Metallurgist, Elvis Hidalgo proudly shows the first refined gold containing 472.8 grams of pure gold, that had been refined by PAIM’s own refinery/metallurgy: ORO Pearl GeoServices, Inc. “After (8) eight months of patience, perseverance and great team work, we, the gold team, are excited to show our first refined pure gold and the revenues to be reflected in our 2007 First Quarter Balance Sheet Report ending March 31,” exclaimed Eng. Hidalgo.
FORWARD-LOOKING STATEMENTS:
Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements in this release include statements regarding the Company's projections regarding gold production in future periods. Factors that could cause actual results to differ materially from anticipated results include risks and uncertainties such as: risks relating to estimates of reserves, mineral deposits and production costs; mining and development risks; the risk of commodity price fluctuations; political and regulatory risks; risks of obtaining required operating permits and other risks and uncertainties. Penny Stocks are very highly speculative and may be unsuitable for all but very aggressive investors. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Pearl Asian Mining Industries, Inc. Gary Gotanco, 866-732-7888 or 011-63-2-567-5163 FAX: 877-317-4430 E-mail: IR*PearlAsianMining.com www.PearlAsianMining.com
Source: Business Wire (March 21, 2007 - 9:38 AM EDT)
News by QuoteMedia
-------------------- "No nation was ever ruined by trade." Benjamin Franklin Posts: 533 | From: Dooville, Indiana | Registered: Jul 2006
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. Can't wait to see if its worth anything then!!! Didn't cost much to acquire so if it don't thats cool too but I honestly think it will be worth much more to wait. ![[Smile]](smile.gif)
![[Big Grin]](biggrin.gif)
![[Cool]](cool.gif)
GLTY
