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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PAIM (Great News) (Page 137)

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Author Topic: PAIM (Great News)
Grail7
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quote:
Originally posted by Chad:
anyone think that once they have 100% of the buyback done MM's let this thing go?

Does anyone still think this hits a penny someday?
or a half-penny short term? perhaps once the buyback is complete?

Im saying yes to both....penny is longterm though.

We're all hoping for that, and I think we'll notice the buyback completion when the MMs start to ramp it up. For now, I wonder that 10% left to buyback is taking a bit longer. And got to agree with the rest, eyebrows are raised with the huge orders being filled at bargain prices...
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megahead34
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I'm losing my patience here. I want to see something good.
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Grail7
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Dont we all mega, but seems like this is gonna be another "we'll wait next week," but suffice to say, its okay going sideways, better than down.
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Thomas Mick
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What is the OS on this position now?
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rimasco
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quote:
Originally posted by rimasco:
quote:
Originally posted by rimasco:
BAD THREAD!! GET BACK UP THERE!!

Good thread......




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"Simplicity is the ultimate sophistication"

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midwestTEK
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sniff sniff....rrrrr I smell GOLD arrrrghhhh!!!
Aye bet sheer gottah fly ere' soooon matey ! ARRRGHHH!!!

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megahead34
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quote:
Originally posted by Grail7:
Dont we all mega, but seems like this is gonna be another "we'll wait next week," but suffice to say, its okay going sideways, better than down.

True, sideways is better than down. I have a feeling we'll see a PR with completion of buyback tomorrow. just my opinion.
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midwestTEK
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Hey it's maintaing near the .002-.0025 range!
Not bad, for most tank to the .001 range. THEN ITS ALL DOWNHILL. The ship is a still afloat. Stay long and strong.
PATIENCE IS A VIRGIN!

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megahead34
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PAIM news!
http://biz.yahoo.com/bw/060818/20060818005185.html?.v=1

It's always good to see that they are REALLY finding gold. Good things await us my friends.

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megahead34
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Wow, 12,948,000 buy just went thru. Thats over $25K. My turn to say Hmmmmmmmmmmmmmmm?
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Grail7
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Someone bought at .0018?! There were bids at about .0016 too. Something's up. Or maybe I'm just so bored with watching this go sideways...
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megahead34
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if someone bought $25K worth, something may be up. What do you guys think of the PR? It's a little cheezy, but i like the fact that they are really finding gold.
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Raytrader
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25k = long term investment
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4Tune4Me
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I'm getting tired of TDAM not listing actual bid/ask on streamer...no matter what it's at it's always .0018 and .004...have to update their snapticket to get actuals.

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Just the facts, ma'am.

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rimasco
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HOLY SHlT THIS THING MIGHT ACTUALLY GOOO!

....sideways

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"Simplicity is the ultimate sophistication"

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Raytrader
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quote:
Originally posted by 4Tune4Me:
I'm getting tired of TDAM not listing actual bid/ask on streamer...no matter what it's at it's always .0018 and .004...have to update their snapticket to get actuals.

heck yeah...!! tell me about it ...check out gwgo
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rimasco
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SHIZER!!!!!!! check out this link

http://www.aktiencheck.de/forum/_hot/251806/thread/?page=1

--------------------
"Simplicity is the ultimate sophistication"

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rimasco
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quote:
Originally posted by rimasco:
SHIZER!!!!!!! check out this link

http://www.aktiencheck.de/forum/_hot/251806/thread/?page=1

DOES ANBODY SPEAK GERMAN!!!!???

--------------------
"Simplicity is the ultimate sophistication"

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ruthie
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Wish I did...
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BuckyBarnes
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quote:
Originally posted by ruthie:
Wish I did...

http://www.freetranslation.com/,

Ruthie, try this site for translating german to english..(other languages too)...I took a quick look at the dates and did not see information more current than what we see here in the states.....

..rimasco....is there a specific post on this site that you wanted us to look at???

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"No nation was ever ruined by trade." Benjamin Franklin

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Grail7
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quote:
Originally posted by rimasco:
quote:
Originally posted by rimasco:
SHIZER!!!!!!! check out this link

http://www.aktiencheck.de/forum/_hot/251806/thread/?page=1

DOES ANBODY SPEAK GERMAN!!!!???
Way too rusty to work a good translation, but appears that even foreign investors are a bit frustrated waiting for this to go. Well equipment is coming, until we get a PR that it is working well and we got some good quality gold. Guess more waiting but not too long...
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ruthie
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Thanks BuckyBarnes!!
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BuckyBarnes
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Your Welcome...GLTU
QUOTE]Originally posted by ruthie:
Thanks BuckyBarnes!! [/QUOTE]

--------------------
"No nation was ever ruined by trade." Benjamin Franklin

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DZWulf
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Hey all long term PAIM holders! Im a GI who just got back from a fairly lengthy deployment and I cant get in touch w/ the powers at PAIM. Can anyone tell me if they are allowing conversion of preferred shares yet or at least piont me in the right direction as to where I can find that info. Thanks and GLTA!!

DZ

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rimasco
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PAIM starting to heat up....maybe it'll thaw out and move today

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"Simplicity is the ultimate sophistication"

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Soul_beyond
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Can anyone tell me how to convert my preferred shares to common shares of paim ..
i was talking to my broker for the pass month
and they don't know any known way to convert preferred shares to common shares !!

i know it is 10000 to 1 at this point ..
but we still should be able to convert them
i Send email to paim asking them about this .. they didn't response

did anyone have any information that they can share with me?? i appreciate it

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QC habs
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What is the difference between "preferred shares" and "common shares" What are the advantages of the "preferred shares" ? thx .
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Soul_beyond
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preferred shares are given out in march 2006 ..
they can be convert to common shares at a fixed rate

..
10000 to 1 first year
5000 to 1 2nd year .. etc

but at this point we are not be able to convert it to common shares ..

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Chad
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Whats the deal with restrictions? I thought they were done, but I bought more today over phone and the guy at Scottrade said they were restricted still from online buying and it was red-flagged and they wanted to be able to monitor who buys and sells it and how much.

so maybe thats the reason it hasnt taken off yet, it's still under restrictions.

Im thinking brokers just want to keep it down to get cheap shares, then they'll lift it to let it go. sum*****es!

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J_U_ICE
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PAIM Signed a Joint Venture Agreement: Gold Project Sta. Barbara, Near Paracale, Camarines Norte; Total Estimated Ore Reserves of 318,400 Metric Tons: Visited by US Shareholder
Business Editors / Mining Editors

MANILA, Philippines--(BUSINESS WIRE)--Aug. 22, 2006-- Pearl Asian Mining Industries, Inc. (OTC:PAIM) announced that it has recently signed and entered into a contract to finance the operations of a small scale mining group operating in the town of Jose Panganiban, Paracale, Camarines Norte, accessible by 7-hour drive south of Manila. It is named Project Sta. Barbara, after the name of a village, where the mine site is located.

The agreement stipulates that Pearl Asian shall finance pertinent mining and operating expenses of the small scale mining group composed of experienced and seasoned miners who have worked in the mines for more than 10 years. In return, Pearl Asian will have exclusive right to purchase the group's gold production. In addition to income from buying and selling gold, the net proceeds from the price of the gold purchased by the small scale mining group will be shared according to a predetermined sharing agreement, where Pearl Asian will receive a 5% share.

According to a study conducted by Geologist Orlando Consulta of Southeast Pacific Rim International Geological Services, Inc., the average grade of gold ores in the area is around 19 grams Au (gold) per metric ton of ore. Project Sta. Barbara contains an estimated total ore reserves of 318,400 metric tons, based on drilling tests done by the firm.

With this gold trading and financing operation in the Paracale Area, Pearl Asian Mining envisions an additional immediate revenue stream that will complement the revenues coming from Project Cagayan de Oro slated to start operations within this month.

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.

KEYWORD: ASIA PACIFIC PHILIPPINES INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS CONTRACT/AGREEMENT PHOTO/MULTIMEDIA SOURCE: Pearl Asian Mining Industries Inc. - Philippines

CONTACT INFORMATION: Pearl Asian Mining Industries Inc. - Philippines Investor Relations Engr. Gary Gotanco, 866-732-7888 or 310-728-6907 Fax: 877-317-4430 IR*PearlAsianMining.com http://www.PearlAsianMining.com

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The difference between genius and stupidity is that genius has its limits

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megahead34
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Excellent news! I love the picture of the gold nugget...hehe
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4Tune4Me
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There's a whole lotta disgruntled Germans posting on that site and I don't blame them.

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Just the facts, ma'am.

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Skyman
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Where is the picture? I can't seem to find it.
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sbbd75
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Why does news always been showing paim as stock on the rise or midday alerts when paim just hangs there in the balance around .002? Shouldn't it go up whenever its getting so much press?
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megahead34
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picture is in the PR
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