posted
no you wouldn't get the, worthless, divys if you sold now.
-------------------- corn oil comes from corn, olive oil from olives, where does baby oil come from? Posts: 441 | From: Vulcan | Registered: Feb 2006
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posted
People that got in at .0001 shouldn't panic on this one. As negative as I have been on PAIM, even *I* think there are gonna be plenty of opportunities to get out of it when the heat cools a bit. If it doesn't explode in the next few days, it will be up and down at least a tick all year until the last quarter when they get the production facilities built. Then, there is potential for a HUGE run.
Posts: 882 | From: CA | Registered: Jan 2006
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quote:Originally posted by adlai: "Worhtless"... Who said this stock was worthless?
The new shares are under a new symbol and can't even be traded. Their value will be something like .0000001 or less. So upon issue they are worthless.
Oh... I DID!... A week ago... LMAO
-------------------- corn oil comes from corn, olive oil from olives, where does baby oil come from? Posts: 441 | From: Vulcan | Registered: Feb 2006
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quote:Originally posted by adlai: "Worhtless"... Who said this stock was worthless?
Oh... I DID!... A week ago... LMAO
I understand your frustration, I hate the weekend pumping too, and people magically showing up who are friends with the CEO, and predict $1, and claim to be from Saudi Arabia where people are opening accounts just for a worthless penny, etc...
...but that doesnt mean you can't still make good money. All of these pennies are worthless, but buy low and sell high and dont get left holding the bag.
-------------------- It's Dr. Evil, I didn't spend six years in Evil Medical School to be called "Mr", thank you very much. Posts: 61 | From: New York | Registered: Feb 2006
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posted
Dr. Evil, I'm talking about the new divy shares being worthless. Of course our paim shares aren't worth much either right now.
-------------------- corn oil comes from corn, olive oil from olives, where does baby oil come from? Posts: 441 | From: Vulcan | Registered: Feb 2006
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posted
Yeah, those are REALLY worthless, but their free worthless
If the shares would come in roll format, I could use them in my bathroom.
-------------------- It's Dr. Evil, I didn't spend six years in Evil Medical School to be called "Mr", thank you very much. Posts: 61 | From: New York | Registered: Feb 2006
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posted
IMO it could go either way. One thing that I can guarantee, is a huge volume in the multi-billions. But, then again, it don't take a genius to predict that.
quote:Originally posted by Ripler: so tomorrow there is not going to be much change eh?
1) its cool that i own 2% of the float of PAIM. Im a major stockholder!
2) im going to love my 100b divy shares. they will be true "free" shares as i did absolutely nothing to get them. maybe i can sell them or not. trust me my orders will be in before yours. im just not sure my acct. can hold that many. might need several accounts maybe boys?
7
XOXOXOXOXO
Posts: 726 | From: Delta Quadrant, Borg Cube 01 | Registered: Dec 2005
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quote:Originally posted by Dr. Evil: Yeah, those are REALLY worthless, but their free worthless
If the shares would come in roll format, I could use them in my bathroom.
You mean in rolls to paper the wall or in small rolls to wipe your butt?
-------------------- corn oil comes from corn, olive oil from olives, where does baby oil come from? Posts: 441 | From: Vulcan | Registered: Feb 2006
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-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
Dr. Evil... All this last week I have been saying... "Sell out at .0002, take your 100% gain and get out." I know there WAS some money to be made, damn, it was a nice double up... But I was upset that some people were encouraging newbies to buy in at .0003 or even .0004... I really am excited for those of you that took your money and ran and are riding on free shares. Congrats... Adlai_
-------------------- MSEP Posts: 599 | From: Springfield, MO | Registered: Feb 2006
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quote:Originally posted by adlai: Dr. Evil... All this last week I have been saying... "Sell out at .0002, take your 100% gain and get out." I know there WAS some money to be made, damn, it was a nice double up... But I was upset that some people were encouraging newbies to buy in at .0003 or even .0004... I really am excited for those of you that took your money and ran and are riding on free shares. Congrats... Adlai_
I'm agreeing with you, ride the free shares. Too many people get caught i the hype and forget to protect their $$. And I don't consider .0001 to be free shares, it could go to .00000000.
And to the question a few back, the rolls would not be to wallpaper the bathroom Posts: 61 | From: New York | Registered: Feb 2006
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posted
The chatroom is full with a total of 10 members. what a joke!!!!!!!!!
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
SuperSniper maybe you will have better luck than I. Go to paltalk.com business/finance section and click on investment and "trade corner live" is one of them
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
Why even promote a live chat when only 10 can enter it. That's some serious BS
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
yea crazy why not the same chat at Traders Corner.. worked fine the other day...
-------------------- Take one step forward, no more, no less and next will be revealed... 'A Rich Man's Secret' - http://tinyurl.com/8xwcf Posts: 77 | From: Memphis, Tennessee | Registered: Jan 2006
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-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
Was there any new info or anything that surprised you in the chat?
-------------------- The difference between genius and stupidity is that genius has its limits Posts: 10204 | From: NYC | Registered: Mar 2006
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posted
equipment is in san fran waiting to be shipped to the philippines.
the trees are mahogeny and will be saved and sold later
rick is going to the PI in april to take pictures of the area and the mine, he is getting his passport taken care of tomorrow
PR due out sometime this week, assay report
the dividend was not intended to screw the shorts, it just happened like that, with themix up between the PRs pearl wanted to honor what was put out and went through with the dividend
supposedly MMs have been calling ricks home phone and asked him if they were going through witht he div, he said yes and the MM slammed the phone down
in may rick is going to meet with jim laird, engineer for the canadian mines pearl owns
pearl is paying for project costs out of pocket
rick told pearl he thinks company is undervalued and should be worth .03-.05
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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posted
ya i heard some of those comments aswell in the chat.. however even though some of them sound really good, it has to be mentioned that LOTS of questions during the chat were no answered by Rick for whatever reasons and there is, obviously, lots of doubts to the "correctness" of the statements that were made.
posted
well he is only an investor relations guy not a spokesperson who knows everything about the company.
we need to talk to pearl for that
-------------------- *I'm not a financial expert or advisor, everything stated is my opinion* Posts: 1680 | From: NC | Registered: Jan 2006
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Member Rated: posted March 13, 2006 19:31 -------------------------------------------------------------------------------- Anything of relative importance from the chat should be posted here!
Ripler Member
Member Rated: posted March 13, 2006 23:17 -------------------------------------------------------------------------------- ya i heard some of those comments aswell in the chat.. however even though some of them sound really good, it has to be mentioned that LOTS of questions during the chat were no answered by Rick for whatever reasons and there is, obviously, lots of doubts to the "correctness" of the statements that were made.
I hate to get into a peeing contest so I have only one question to Ripler, Were you too lazy to post what you heard in the chat room for the rest of us that couldnt listen in or are bashing? The board wants to know.
-------------------- In the end, trust only yourself when trading stocks. Posts: 2048 | From: Texas | Registered: Feb 2006
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posted
XYZ Operation Gold Finger to Yield Estimated Total Annual Gross Revenues of $157,236,600.00 USD from the 50 Metric Tons Per Day Small-Scale Mining Operations of Pearl Asian Mining Industries, Inc. (PAIM) Business Wire - March 14, 2006 08:00
PASIG CITY, Philippines, Mar 14, 2006 (BUSINESS WIRE) -- Pearl Asian Mining Industries, Inc. (OTC:PAIM) released today the second geo-survey and assay report. The report was conducted by Ostrea Metal Laboratory, Inc., a renowned Philippines chemical assay company, and completed on January 7 -- R.A. No. 32749. This second gold and silver assay report from the samples of two tunnels and selected trenches of the XYZ gold mine site shows rich gold ore reserves.
he XYZ Operation Gold Finger located in the Town of Baleno, Island of Masbate, Philippines, shows the following high-grade gold ores.
O GOLD SILVER COPPER REHABILITATE SAMPLE (GPT) (PPM) (PPM) 2006 ---------------------------------------------------------------------- Tunnel 4 IR 0.31 g 1.99 8.59 TBD ---------------------------------------------------------------------- Tunnel 4 2R 0.96 g 7.96 93.84 TBD ---------------------------------------------------------------------- Tunnel 4 7R 0.57 g 4.71 9.24 TBD ---------------------------------------------------------------------- Tunnel 3 2R 94.20 g 608.28 103.09 YES ---------------------------------------------------------------------- Tunnel 3 3R 49.44 g 242.57 25.56 YES ---------------------------------------------------------------------- Tunnel 3 5R 37.36 g 17.46 12.62 YES ---------------------------------------------------------------------- XYZ-GA 3R 8.57 g 17.46 12.62 TBD ---------------------------------------------------------------------- XYZ GA 4R 3.97 g 48.59 27.54 TBD ---------------------------------------------------------------------- XYZ GA 022 5.51 g 12.50 6.45 TBD ---------------------------------------------------------------------- XYZ AG 027 2.10 g 20.51 76.96 TBD ----------------------------------------------------------------------
Pearl Asian Mining continues its preparation to develop the infrastructures of the XYZ Gold Mine Site. The XYZ Gold Team soon will start to rehabilitate the tunnel #3, operating at 50 metric tons per day, where the occurrence of the high-grade gold ores were identified and documented.
Rich gold samples from Tunnel 3 were assayed at 37.35 grams per ton, 49.44 grams per ton and 94.20 grams per ton, giving an average of 60.33 grams per ton.
A. The estimated average of the assay result from Tunnel 3 is 60.33 grams per ton of gold ore and can produce an output of approximately 15,083 grams of gold per day at 30-day month production (15,083 X 30 days) the output of 452,475 grams or 14,596 Troy Ounces (app. 1 gram = 31 Troy Ounce) which is equivalent to $7,298,000 USD per month at a selling price of $500.00 per Troy Ounce.
B. Annual Gross Revenue (AGR) from the gold production to be $87,576,000.00 USD ($7,298,000 X 12). This estimated gold production does not include the sales of silver and other minerals.
C. PAIM's macroscopic plan for the whole Masbate Island because of its rich gold potential is implementing the Community Mining Assistance Program (CMAP) and improved production capability of the Community Small Scale Miners. PAIM is expecting to acquire additional income at a minimum of 12 kilograms or approximately 387 Troy Ounces of gold, which is estimated to produce a gross revenue of approximately $193,500.00 USD.
D. The $193,500 gross revenue per day ($193,500 X 30 days) is estimated to be $5,805,000.00 USD per month to give an annual gross revenue ($5,805,000 X 12) of $69,660,000.00 USD from the community's Small Scale Mining Assistance Program.
E. XYZ Operation Gold Finger will yield an estimated total annual gross revenue of $157,236,600.00 USD ($87,576,000 + $69,660,000). This excludes the income anticipated to result from the sales of silver and other precious metals.
Should the current mining engineering plans continue to be on target, the scheduled income revenue will start to flow during the last quarter of 2006 and early 2007 then on.
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