Allstocks.com's Bulletin Board
Topic Closed  Topic Closed
Post New Topic  New Poll  
Topic Closed  Topic Closed
my profile login | register | search | faq | forum home

  next oldest topic   next newest topic
» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PAIM (Great News) (Page 1)

 - UBBFriend: Email this page to someone!   This topic comprises 145 pages: 1  2  3  4  ...  143  144  145   
Author Topic: PAIM (Great News)
Thomas Mick
Member


Rate Member
Icon 14 posted      Profile for Thomas Mick     Send New Private Message       Edit/Delete Post 
Friday, February 24 2006 9:00 AM, EST

Clarification of Preliminary Gold, Silver & Other Precious Metals Assay Report From XYZ Gold Mine Site of Pearl Asian M


PASIG CITY, METRO MANILA, PHILIPPINES -- (MARKET WIRE) -- 02/24/06 -- Pearl Asian Mining Industries, Inc. (OTC: PAIM) released the first preliminary geo-survey report conducted by a Canadian Geological Company yesterday would like to further clarify the these results.

INSTALLATION OF A START-UP PRODUCTION PLANT CAPACITY of 200 Metric Tons per day at the XYZ Gold Mine Site where the occurrence of the HIGH-GRADE GOLD ORES had been identified and documented: GOLD SAMPLES were assayed at 1.35 grams per ton, 21.40 grams per ton and 90.00 grams per ton.

A. The estimated Average of 15.0 grams per ton of GOLD ORE can produce an

output of approximately 3,750 grams of Gold per Day; with a 30-Day

Month Production Output of 112.5 Kilograms or 3,617.20 Troy Ounces,

which is equivalent to US$ 1,808,510.00 * a buying price of $500.00

per Troy Ounce.

B. An Annual Gross Revenue from gold production of US$21,702,120.00

is estimated to be generated, aside from sales of silver and other

minerals. The 200 Tons per Day Processing Plant is planned to be

increased to 1,250 tons per day (Equivalent to 6.25 X 200 Tons per day

increased in a 6-8 month period.)

C. A 1,250 Tons per day Processing Plant is estimated to bring a Monthly

Gross Revenues of US$12,303,187.50 ($1,808,510 X 6.25); or an

estimated ANNUAL GROSS INCOME of US$14,638,250.00 from GOLD

PRODUCTION.

D. PAIM has a Macroscopic Plan for the whole Masbate Island because of

its Rich GOLD potential. By implementing our Community Mining

Assistance Program to the whole Masbate Island, and improved

production capability of the Community Small Scale Miners, we are

expecting to acquire Additional Income of a minimum of 12 kilograms

or approximately 387 Troy Ounces of GOLD which is estimated to be a

Gross Revenue of approximately US$193,500.00

E. The $193,500 Gross Revenue Per Day multiplied by 30 Days, is

estimated to be US$5,805,000.00 and calculating for the whole

year (times 12 months) is estimated to be US$69,660,000.00 of

ANNUAL GROSS REVENUE from the COMMUNITY SMALL SCALE MINING ASSISTANCE

PROGRAM.

F. XYZ GOLDPROJECT is estimated to generate a TOTAL GROSS REVENUE for the

GOLD PRODUCTION, an equivalent of USD$217,298,250.00 which

excludes the REVENUES from SILVER and other Precious Metals.

FORWARD STATEMENTS;

With the exception of historical information, this news release and accompanying information may include forward-looking statements that involved a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors. There are numerous factors that could contribute to such difference, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results.

CONTACT: Investor Relations e-mail: IR*PearlAsianMining.com URL: http://www.PearlAsianMining.com PHONE: (866) 732-7888 FAX : (877) 317-4430

Posts: 291 | From: Dundee, Oregon | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
Thomas Mick
Member


Rate Member
Icon 1 posted      Profile for Thomas Mick     Send New Private Message       Edit/Delete Post 
I really thought this was good news, but there is not the reaction I was expecting. I there something I should know here?
Posts: 291 | From: Dundee, Oregon | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
SincereX13
Member


Rate Member
Icon 1 posted      Profile for SincereX13     Send New Private Message       Edit/Delete Post 
This one you have to be patient with... the company itself is supposedly selling at .0002. This stock probably won't move until we get closer to the March 17th preferred stock dividend payout.

--------------------
trashed and scattered again

Posts: 629 | From: Boston | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
Thomas Mick
Member


Rate Member
Icon 1 posted      Profile for Thomas Mick     Send New Private Message       Edit/Delete Post 
Thank you!
Posts: 291 | From: Dundee, Oregon | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
Thomas Mick
Member


Rate Member
Icon 1 posted      Profile for Thomas Mick     Send New Private Message       Edit/Delete Post 
What does it mean when a MM (DOMS) is asking .0003 and the size is 500,000?
Posts: 291 | From: Dundee, Oregon | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
SuperSniper00
Member


Icon 1 posted      Profile for SuperSniper00     Send New Private Message       Edit/Delete Post 
This is really awesome news. The selling from the company is most likely over, look at the accumilation chart its on an uptrend now. This wont stay at .0002. I'm loading up because in 2 weeks this will be at .003.

--------------------
*I'm not a financial expert or advisor, everything stated is my opinion*

Posts: 1680 | From: NC | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
DWE
Member


Rate Member
Icon 1 posted      Profile for DWE         Edit/Delete Post 
Got 10 mil for 0.0002. Got tired of tryin' to buy at 0.0001. I'm in for the gold! [Big Grin]

--------------------
"NEVER UNDERESTIMATE THE POWER OF THE U.S./CHINA CONNECTION"

SSTY & TPDI

www.suretrace.com

Posts: 3662 | From: The City of Angels, Beautiful Los Angeles, California | Registered: Oct 2005  |  IP: Logged | Report this post to a Moderator
ShortTermMemory
Member


Member Rated:
4
Icon 1 posted      Profile for ShortTermMemory     Send New Private Message       Edit/Delete Post 
Everyone is accumulating, the move will come soon.
Posts: 655 | From: Louisville,Ky | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
alohadream
Member


Icon 1 posted      Profile for alohadream     Send New Private Message       Edit/Delete Post 
Just had a couple hundred dollars in cash so picked up 600,000 more to add to my 5 mill.May have to sell something to get to 10 like DWE.
Think this will be huge real soon.

--------------------
Despite the high cost of living it remains popular

Posts: 165 | From: Waikiki Beach | Registered: Feb 2006  |  IP: Logged | Report this post to a Moderator
SuperSniper00
Member


Icon 1 posted      Profile for SuperSniper00     Send New Private Message       Edit/Delete Post 
MORE NEWS


Press Release Source: Pearl Asian Mining Industries Inc.


First Preliminary Gold, Silver & Other Precious Metals Assay Report from XYZ Gold Mine Site of Pearl Asian Mining Industries, Inc.
Friday February 24, 12:51 pm ET


PASIG CITY, Metro Manila, Philippines--(BUSINESS WIRE)--Feb. 24, 2006--Pearl Asian Mining Industries, Inc. (OTC: PAIM - News) released the first preliminary geo-survey report conducted by a Canadian Geological Company.
The XYZ Gold Mine Site located in the Town of Baleno, Island of Masbate, Philippines has very good potential and shows High-Grade Gold Ores.

SAMPLE GOLD SILVER COPPER MOLYB ZINC LEAD AS
(GpT) (PPM) (PPM) (PPM) (PPM) (PPM) (PPM)
----------------------------------------------------------------------
1 0.03 g less than 0.5 10 30 55 30 28
----------------------------------------------------------------------
2 0.04 g less than 0.5 70 20 85 10 9
----------------------------------------------------------------------
3 21.40 g 86.4 35 5 10 580 3
----------------------------------------------------------------------
4 1.35 g 1.8 150 15 20 70 4
----------------------------------------------------------------------
5 9.00 g 72.0 400 15 100 970 1
----------------------------------------------------------------------
6 0.15 g 8.1 560 10 70 45 1
----------------------------------------------------------------------
7 13.23 g 59.6 180 10 1100 1400 2
----------------------------------------------------------------------
8 90.37 g 533.6 300 2 7800 9400 1
----------------------------------------------------------------------
9 0.04 g 3.5 85 5 2000 850 38
----------------------------------------------------------------------

Installation of a start-up production plant capacity of 200 Metric Tons per day at the XYZ Gold Mine Site where the occurrence of the High-Grade Gold Ores had been identified and documented: Gold Samples were assayed at 1.35 grams per ton, 21.40 grams per ton and 90.00 grams per ton.

A. The estimated Average of 15.0 grams per ton of Gold Ore can produce

an output of approximately 3,750 grams of Gold per Day; with a

30-Day Month Production Output of 112.5 Kilograms or 3,617.20
Troy Ounces, which is equivalent to US$1,808,510.00 at a buying
price of $500.00 per Troy Ounce.

B. An Annual Gross Revenue from gold production of US$21,702,120.00

is estimated to be generated, aside from sales of silver and other

minerals. The 200 Tons per Day Processing Plant is planned to be
increased to 1,250 tons per day (Equivalent to 6.25 X 200 Tons per
day increased in a 6 -8 month period).

C. A 1,250 Tons per day Processing Plant is estimated to bring a

Monthly Gross Revenues of US$12,303,187.50 ($1,808,510 X 6.25);

or an estimated Annual Gross Income of US$14,638,250.00 from Gold
Production.

D. PAIM has a Macroscopic Plan for the whole Masbate Island because of

its Rich Gold potential. By implementing our Community Mining

Assistance Program to the whole Masbate Island, and improved
production capability of the Community Small Scale Miners, we are
expecting to acquire Additional Income of a minimum of 12
kilograms or approximately 387 Troy Ounces of Gold which is
estimated to be a Gross Revenue of approximately US$193,500.00

E. The $193,500 Gross Revenue Per Day multiplied by 30 Days, is

estimated to be US$5,805,000.00 and calculating for the whole

year (times 12 months) is estimated to be US$69,660,000.00 of
Annual Gross Revenue from the Community Small Scale Mining
Assistance Program.

F. XYZ GOLDPROJECT is estimated to generate a Total Gross Revenue for

the Gold Production, an equivalent of USD$217,298,250.00

which excludes the Revenues from Silver and other Precious Metals.

Forward-Looking Statements:

With the exception of historical information, this news release and accompanying information may include forward-looking statements that involved a number of risks and uncertainties. Actual results could differ materially from those anticipated as a result of various factors. There are numerous factors that could contribute to such difference, therefore such projected events and anticipated results are not warranties or guaranties that such events will occur or that the Company will achieve such results.


Contact:
Pearl Asian Mining Industries Inc. - Philippines
Investor Relations:
E. Pearl Asian, 650-814-3268
IR*PearlAsianMining.com
www. PearlAsianMining.com
Fax: 877-317-4430

--------------------------------------------------------------------------------
Source: Pearl Asian Mining Industries Inc.

--------------------
*I'm not a financial expert or advisor, everything stated is my opinion*

Posts: 1680 | From: NC | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
MoneyMoneyMoney
Member


Icon 1 posted      Profile for MoneyMoneyMoney     Send New Private Message       Edit/Delete Post 
I just picked up another mill at .0002.
Got my bid in for 5 mill X .0001.

Love the news, thanks a bunch.

--------------------
I buy fast and sell faster!

Posts: 2018 | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
PCola77
Member


Member Rated:
4
Icon 1 posted      Profile for PCola77     Send New Private Message       Edit/Delete Post 
70 million just went through at .0001 ugh
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
PCola77
Member


Member Rated:
4
Icon 1 posted      Profile for PCola77     Send New Private Message       Edit/Delete Post 
now over 100million. Who is selling at .0001? I just don't get it.
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
SincereX13
Member


Rate Member
Icon 1 posted      Profile for SincereX13     Send New Private Message       Edit/Delete Post 
sweet (sarcasm)

--------------------
trashed and scattered again

Posts: 629 | From: Boston | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
PCola77
Member


Member Rated:
4
Icon 1 posted      Profile for PCola77     Send New Private Message       Edit/Delete Post 
Now 256 million... the first 247 mill were one color and the last 9 was another, does that mean one block of buys went through at .0001 for 247 shares?
Posts: 5508 | From: Southeastern PA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
SincereX13
Member


Rate Member
Icon 1 posted      Profile for SincereX13     Send New Private Message       Edit/Delete Post 
bid is 0, don't know what is going on here... but loving rshn right now!

--------------------
trashed and scattered again

Posts: 629 | From: Boston | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
MoneyMoneyMoney
Member


Icon 1 posted      Profile for MoneyMoneyMoney     Send New Private Message       Edit/Delete Post 
Well I finally picked up 5 mill X .0001.

RSHN is going nuts and lots more room to fly.

This will be the same some day.

--------------------
I buy fast and sell faster!

Posts: 2018 | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
Raytrader
Member


Member Rated:
4
Icon 1 posted      Profile for Raytrader     Send New Private Message       Edit/Delete Post 
GOOD news......down again.......
perhaps bad news may cause a good run?

Posts: 236 | Registered: Feb 2006  |  IP: Logged | Report this post to a Moderator
Max Shrap
Member


Rate Member
Icon 1 posted      Profile for Max Shrap     Send New Private Message       Edit/Delete Post 
Wow.. somebody just bought 291 mil shares in one block.
Posts: 882 | From: CA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
Raytrader
Member


Member Rated:
4
Icon 1 posted      Profile for Raytrader     Send New Private Message       Edit/Delete Post 
probably that Bin Laden character
Posts: 236 | Registered: Feb 2006  |  IP: Logged | Report this post to a Moderator
alohadream
Member


Icon 1 posted      Profile for alohadream     Send New Private Message       Edit/Delete Post 
From his cave in the Kush mountains?Don't think he's too interested in mining in the Philippines but I am.Just don't like that attempted coup over there.This will have its day just like RSHN today.

--------------------
Despite the high cost of living it remains popular

Posts: 165 | From: Waikiki Beach | Registered: Feb 2006  |  IP: Logged | Report this post to a Moderator
bobcat88
Member


Rate Member
Icon 1 posted      Profile for bobcat88     Send New Private Message       Edit/Delete Post 
Pretty sure that was a scottrade block, my buy for 5mil went through right then with scott

--------------------
"Man who excels at putting worm on hook is Master Baiter"

Posts: 678 | From: Boise, Idaho | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
7 of 9
Member


Icon 1 posted      Profile for 7 of 9         Edit/Delete Post 
ask is 1 right now

lowest price possible

Posts: 726 | From: Delta Quadrant, Borg Cube 01 | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
bobcat88
Member


Rate Member
Icon 1 posted      Profile for bobcat88     Send New Private Message       Edit/Delete Post 
Hope this dont pull a PCCN and go .00 and .00 on the b&a

--------------------
"Man who excels at putting worm on hook is Master Baiter"

Posts: 678 | From: Boise, Idaho | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
SincereX13
Member


Rate Member
Icon 1 posted      Profile for SincereX13     Send New Private Message       Edit/Delete Post 
well thier is nothing we can do now but wait and hope (unless you want to dump your shares for nothing [Smile] )

--------------------
trashed and scattered again

Posts: 629 | From: Boston | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
bobcat88
Member


Rate Member
Icon 1 posted      Profile for bobcat88     Send New Private Message       Edit/Delete Post 
Just like buying $500 in lottery tickets!

--------------------
"Man who excels at putting worm on hook is Master Baiter"

Posts: 678 | From: Boise, Idaho | Registered: Nov 2005  |  IP: Logged | Report this post to a Moderator
alohadream
Member


Icon 1 posted      Profile for alohadream     Send New Private Message       Edit/Delete Post 
Lost $560 on PAIM today but made $1500 with RSHN and $500 with CMBV.And this .0001 will disappear Monday morning so no worries.

--------------------
Despite the high cost of living it remains popular

Posts: 165 | From: Waikiki Beach | Registered: Feb 2006  |  IP: Logged | Report this post to a Moderator
SuperSniper00
Member


Icon 1 posted      Profile for SuperSniper00     Send New Private Message       Edit/Delete Post 
Only a loss when you sell.

I bought more at 1 today. Just think if it goes to 2 thats 50%! haha This thing will definately go. Just gotta be patient like we were with RSHN.

--------------------
*I'm not a financial expert or advisor, everything stated is my opinion*

Posts: 1680 | From: NC | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
7 of 9
Member


Icon 1 posted      Profile for 7 of 9         Edit/Delete Post 
holding 42m * 1.6
Posts: 726 | From: Delta Quadrant, Borg Cube 01 | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
Max Shrap
Member


Rate Member
Icon 1 posted      Profile for Max Shrap     Send New Private Message       Edit/Delete Post 
1.6? Decode
Posts: 882 | From: CA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
7 of 9
Member


Icon 1 posted      Profile for 7 of 9         Edit/Delete Post 
1.6 nit = 0.00016
Posts: 726 | From: Delta Quadrant, Borg Cube 01 | Registered: Dec 2005  |  IP: Logged | Report this post to a Moderator
Max Shrap
Member


Rate Member
Icon 1 posted      Profile for Max Shrap     Send New Private Message       Edit/Delete Post 
You don't fear the 1,000 to 1 F/S that's coming in March?
Posts: 882 | From: CA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
SuperSniper00
Member


Icon 1 posted      Profile for SuperSniper00     Send New Private Message       Edit/Delete Post 
its 1000 preferred shares for every 1 common share owned...dividend...not F/S. Something was lost in the filipino translation of things.

--------------------
*I'm not a financial expert or advisor, everything stated is my opinion*

Posts: 1680 | From: NC | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
Max Shrap
Member


Rate Member
Icon 1 posted      Profile for Max Shrap     Send New Private Message       Edit/Delete Post 
7 is still gonna have 42 BILLION shares to unload. You ever try to sell a billion shares?
Posts: 882 | From: CA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
Max Shrap
Member


Rate Member
Icon 1 posted      Profile for Max Shrap     Send New Private Message       Edit/Delete Post 
And if 7 has 42 billion shares on his own, what do you think the A/S is on this puppy?
Posts: 882 | From: CA | Registered: Jan 2006  |  IP: Logged | Report this post to a Moderator
  This topic comprises 145 pages: 1  2  3  4  ...  143  144  145   

Post New Topic  New Poll  
Topic Closed  Topic Closed
Open Topic   Feature Topic   Move Topic   Delete Topic next oldest topic   next newest topic
 - Printer-friendly view of this topic
Hop To:


Contact Us | Allstocks.com Message Board Home

1997 - 2019 Allstocks.com. All rights reserved.

Powered by Infopop Corporation
UBB.classic™ 6.7.2

Share