quote:Originally posted by Stock: so they said they are almost done with the 90% buyback. Matter of fact they said they are over 80% so far...in other words, next week they will let this run and we might see some nice movement the right way
Maybe not next week, but sooner than later at least...
-------------------- Study before you buy, Sell before you think about it....
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posted
Press Release Source: Pearl Asian Mining Industries Inc. - Philippines
Pearl Asian Mining Industries Have signed a 1.5 million contract with Equitable mining corp Friday August 4, 14:29 pm ET
MANILA, Philippines--(Prime Wire)--Aug. 4, 2006--Pearl Asian Mining (OTC:PAIM - News) announced today that it has signed a contract with Equitable mining corporation. The contract has allowed us to increase our liquidity and increase our revenues. The contract is expected to bring us over 1.5 million dollars in revenues in the next 6 months. A follow up pr regarding this will be released in the next week.
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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. The Factors that could cause actual result to differ materially from anticipated results includes 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 the result of new information, future events or otherwise.
Contact: Pearl Asian Mining Industries Inc. Investor Relations Gary Gotanco, 866-732-7888 or 678-570-6538 (USA) or 310-728-6907 or 011 +63.2.490.0140 (Philippines) Fax: 877-317-4430 IR*PearlAsianMining.com www.PearlAsianMining.com
-------------------------------------------------------------------------------- Source: Pearl Asian Mining Industries Inc. - Philippines
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posted
with the new PR, be careful on a R/S as a result of 'restructuring' (as with paiv) with this play too: even with a supposed 90% buyback of shares, 3+ billion is still a sh!t-ton of OS (supposed 'short-sqeeze' or not). imho, if they're gonna want to see any real movement in the pps, they're gonna need to knock down the OS to about 300 mil at the most.
-------------------- Cashing checks in two forms: Money and Reality
Business Description: Pearl Asian Mining Industries, inc. "Symbol:PAIM" is in FINAL CONSTRUCTION Stage, currently involved in the exploration, acquisition, development, production and technology up-grades of viable properties with gold, silver, diamonds, other precious metals,and minerals.
State of Incorporation: Wyoming
Country of Incorporation: USA Year of Incorporation 2004
Officers: Randolf Villanueva, President/CEO; Earl Diao IV, CFO/Legal Counsel; Abegail Dormitorio, Secretary; E. Pearl Asian, Founder/Chairman; Peter C. Caleon Sr., Other
Fiscal Year End: December 31
Edgar Filing Status: Non EDGAR Filer
Sedar Filing Status: Non SEDAR Filer
CIK: 0001317716
Outstanding Shares: 30,044,316,000 as of 2006-01-31
Estimated Market Cap: Not Available
Current Capital Change: shs increased by 1000 for 1 split Ex-Date: 2006-01-26 Record Date: Pay Date:
Dividends: Amount: Div: 1000 shares Pearl Asian Mining Industries Inc (WY) Preferred Stock for each share held. Pay Date: 2006-03-31 Record Date: 2006-03-17
Company Notes: Note=7-9-05 Jurisdiction of Incorporation Philippines changed to Wyoming
Class Notes: Capital Change=shs decreased by 1 for 25 split. Pay date=02/14/2005. Capital Change=shs increased by 5 for 1 split. Ex-date=05/07/2004. Rec date=05/07/2004.
Transfer Agent: American Heritage Stock Transfer, Inc., Markham, Ontario L3R 0G4
-------------------- Cashing checks in two forms: Money and Reality
posted
J_U_ICE just posted in the days PR thread that the PR appears to be bogus. I went to the PAIM website, and the only PR listed is the one about the buyback....like what it is doing to the price, but don't expect anything nuts on Monday because of it.
-------------------- Study before you buy, Sell before you think about it....
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" Sorry this was not supposed to be posted till monday , i work with paim , im currently in the philipines with them , sorry all , forget about it , till its official when its released monday morning. " The poster by the name of stockholder11 posted the above at Date:8/4/2006 2:57:07 PM post# 19878
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posted
Posted by: T-2da-H Date:8/4/2006 3:46:47 PM Post #of 7080
The nice lady at PAIM actually did call me back just now. I could only understand about half of what she said, but I got the gist that there would be no PR with EQBM (big surprise).. she said something about a machinery update for shareholders to be announced soon.. but I lost her there. I give her points for calling me back though.
-------------------- The difference between genius and stupidity is that genius has its limits
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posted
They may not want to comment on it or that person may not be aware of it.. I know I see things like this go either way.. some turn out being true some turn out being false... I have never seen a leaked pr however.. I was talking about rumors.. Anyway we will see next week.. I thought one could get sued for posting fake pr's? anyway keep up the good work juice.. Gooo paim!!!
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posted
well...not going to say anything today. lol just hope for good things, patience, and good fortunes for everyone! have good weekend all!
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posted
I use AB whatleys ultimate trader 5.50 tickets with breakpoints. As many level 2s as you want (I actually heard some houses only offer 2...LOL THATS ABSURD!!!!)
-------------------- "Simplicity is the ultimate sophistication"
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posted
you bet im holding this! remember that DOJI i was talking about???? Next week we should have a nice rise. we close above the MA(5) and cmf is going green with adx turning to the upside! dont believe me, watch closely next week, and if for some reason nothing happens next week, I think for sure before the end of the month this will make a huge run to the upside. watch
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posted
Last nite I put in a sell order for all/none at .0021 cause had to call TDAMTD to place the order over the phone..... Then saw the run up this morning.... Then was on hold forever to get back in...... Didnt happen..... Hope it drops again monday and I maybuy through Scottrade .. Dont think it wil drop.... but not sure i want to get back in at current level...... Already made $730 on a PAIM flip.... so I will decide over the weekend.... Will read all of your coments and that may help me decide..... Gr8 board... Making good money with all of your coments.. Thanks Lots
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posted
Many respected names said back when this was at .001 and maybe under, it would hit a penny and some predicted more. Many thought this was big short like PAIV. We've seen it hit over .006 recently, and the news today was good.
Frankly, Im still sold this will hit a penny. Whether it does its whole up and down thing in that time, not sure...but may be worth a flip if you can.
and lets not forget the maninpulation by brokerages and MM accumulation over this past few weeks. It going to run, but when, how fast, and how high is big question? and another is, do u take a chance on a flip somewhre in there?
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