posted
the website is ******************** dot com. Of course replace the dot with a "." and you will have it. Not a bad site for what ever it is worth they did DDSI last week and got that up about 5 ticks. so lets sEE whatthey can do on PAIM
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posted
The bid and ask sizes are the same!!!! The volume isn't moving that fast because no one is willing to sell at .0001!!!! Once the trades start moving at .0002 the ask will go to three!!!!!!!!!!!! Everyone hold tight.... today is gonna be a GOOD day!!!! In my opinion.... if you don't own any shares of this stock.... you might want to pick some up now, because the price is only gonna go up and up and up from here!!!!!!!! GOOOOOOOOO PAIM!!!!!!!!!!!!!
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Richard Russell wrote in his Dow Theory Letters on Friday night: "Get this -- I figure between the still-hedged gold mines and the Commercials, the short position in gold is roughly at an astounding total of $50 billion. What we are witnessing could be a classic short squeeze where even the Commercials are caught and can't get out without huge losses...Gold's rise appears relentless, but if you buy, buy strictly long-term, because sooner or later gold must correct. The shorts are waiting, but going broke while they wait."
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posted
I found this today on a Hong Kong financial web site.
I dont know why it hasnt been put out in the US yet.
PASIG CITY, Philippines, May 08, 2006 (BUSINESS WIRE) -- Pearl Asian Mining Industries (OTC:PAIM) releases the summary
report on initial gold and silver test production from the XYZ Gold Mines Site Mineral Deposits.
Test gold (Au) and silver (Ag) production has recently commenced on schedule at the Pearl Asian Mining Industries XYZ Gold
Mine on the Island of Masbate, Philippines. It has been previously reported that the present Geologic Resource of XYZ Gold
Mine is about 1.5 million tons at a grade of 3.04 g/t-Gold (AU) and 19.96 g/t-Silver (AG). PAIM's team interpretation or
projection as to mineable resource (projected to be mined or extracted) is about 446,592 tons at a grade of 5.13 g/t-Gold
and 31.14 g/t-Silver. The mineable resources are categorized into low grade source of about 120,000 tons at a grade of 1.84
g/t (grams per ton)-Au (Gold) and 14.50 g/t (grams per ton)-Ag (Silver). The high grade source of about 326,592 tons at a
grade of 6.34 g/t-Au; 37.24 g/t-Ag.
Starting in late April 2006 small scale test gold mining and processing has been successfully completed in Tunnel 3 where the highest grade ore assayed at 94.20 g/ton is found. Approx. 5 tonnes of gold bearing ore were removed using air-hammers and transported by hand to the Company's small scale processing center nearby. These ores were processed by heap leaching
C-I-L and ELSA methods. The initial results of the processing are 237.8 ounces of raw gold bullion (approx. 93% Au) and 1038.2 ounces of raw silver bullion and a lower purity. At recent spot gold prices of $650 USD/ounce the 6 bars of raw gold bullion (approx. 93% Au) are worth $143,750.1 USD. These 6 bars of raw gold bullion (approx. 93% Au) will be sold very shortly at a branch of a japanese bank in Manila, the proceeds to be used to fund an expansion of mining production at the XYZ mine.
The very concentrated gold ore from Tunnel 3 came from a newly discovered gold mineralized "vug" (GMV) quartzite in composition with heavy sulfide inclusions as well as obvious gold mineralization. Many multi-gram gold nuggets have been found in the GMV. The GVM is a cylindrical structure and extends downward into the mine at approx. 30 deg. for at least 7m showing gold mineralizations at least to that depth. This GMV in Tunnel 3 will be the first target of the expanded mining production to begin this summer.
The 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 ----------------------------------------------------------------------
Forward-Looking Statements
This news release may contain forward-looking statements concerning the Company's business and future prospects and other
similar statements that do not concern matters of historical fact. This forward-looking statement is based on the Company's
current expectations. There are numerous factors that could cause results to differ and the Company's current expectations
are subject to all of the uncertainties and risks customarily associated with developing business ventures. The Company's
actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on
forward-looking statements contained in this release. The Company disclaims any intent or obligation to update publicly
these forward-looking statements, whether as a result of new information.
SOURCE: Pearl Asian Mining Industries Inc.
CONTACT: Pearl Asian Mining Industries Inc. USA: E. Pearl Asian, 650-814-3268 877-317-4430 (fax) IR*PearlAsianMining.com www.PearlAsianMining.com or Philippines: Investor Relations, +63-2-490-0140 +63-2-490-0144 (fax)
Copyright Business Wire 2006
-0-
KEYWORD: Philippines Asia Pacific INDUSTRY KEYWORD: Natural Resources Mining/Minerals Other Natural Resources
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posted
This would explain today’s trading, in my opinion! If the press release was released in Hong Kong….. then that would mean people in Asia were buying all they could at .0001, and in the meantime, everybody here in the states was getting worried seeing the huge trades at .0001 and started dumping again, just trying to get out. So, if you are longs as I am……….. WE ARE GONNA MAKE MASS AMOUNTS OF MONEY!!!!!! This of course is just my opinion. GOOOOOOOOO PAIM!!!!!!!!!!!!!!
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posted
As an example, a shareholder owning 1,000,000 common shares will keep 100,000 common shares and receive a debenture with a face value of $900 due and payable in 5 years without interest. Any time during the 5 years, the holder will be entitled to convert the debenture to 90,000 common shares.
Only shareholders of record on June 1st will be entitled to convert 9 out of every 10 common shares on the exchange date of the 15th of June, 2006 for a debenture.
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quote:Originally posted by Max Shrap: As an example, a shareholder owning 1,000,000 common shares will keep 100,000 common shares and receive a debenture with a face value of $900 due and payable in 5 years without interest. Any time during the 5 years, the holder will be entitled to convert the debenture to 90,000 common shares.
Only shareholders of record on June 1st will be entitled to convert 9 out of every 10 common shares on the exchange date of the 15th of June, 2006 for a debenture.
quote:Originally posted by Max Shrap: Losing 90 percent of your shares is a R/S.
Losing 90 percent of your shares is like losing 90 percent of your azz...and you'll be lucky to get 90 percent of your azz back in 5 years via PAIM debentures.
posted
dk, I hit refresh and the next thing I know it's saying, "thanks for posting". Needless to say, it was an accident. It seems that the earth's gravitational pull was too much for us to escape the atmosphere today. That's alright... with a little extra fuel (press release) hopefully later today..... we should be able to break out and transition into light speed on a long and wonderful journey throughout the deepest parts of the galaxy ..... tomorrow morning!!!!
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The SouthEnd Stock Pickers helps investors win at investing on the merits of radically original thinking and an unbeatable track record of picking stocks with huge potential. We're here for you with commonsense,the big ideas,and little inspiration to turn your portfolio into a monster performer.We've brought you GTE,GOOG,SIRI,PTSC,JDSU,HISC,and others you've made a killing on! If it doesn't make commonsense,it makes no sense to us or you. Bookmark this page NOW for update picks!
AT ********************, we're focusing solely on undervalued Nasdaq stocks that we feel will return potential profits of 500%+ in 1 to 3 weeks.
We feel this stock pick is very UNDERVALUED! This Company is a SLEEPING GIANT ready to be AWOKEN.
$$ HOT PICK OF THE WEEK $$
Stock Alert! = Pearl Asian Mining Ticker Symbol = PAIM Sector: Basic Materials Industry: Gold Website = www.pearlasianmining.com Short Term Target Price = $0.0015 Disclosure = We Own Shares Recommendation = MEGA BONUS BUY !!!
Information To Consider
1.Pearl Asian is a developmental and pre-production stage gold mining company with mining interests and claims in the Philippines and Canada.
2. Pearl Asian Mining Industries, Inc. Will buy back approximately 27,000,000,000 or 90% of its issued and outstanding common shares using a convertible debenture.
3.Pearl Asian Mining Industries Inc. (PAIM) SqueezeTrigger Price Is $0.00022
4.Pearl Asian Mining Industries, Inc. Starts Exclusive Mining Operation, Gold Purchasing & Mineral Processing Agreement With One of Mindanao's Local Tribes.
Copyright 2004 ********************. All rights reserved.
Disclaimer
The ******************** publishes unbiased research and has never been paid a fee by a company or an affiliate of a company to be featured on ********************. ******************** is an independent research company. This is not an offer to buy or sell securities. Information or opinions in this report are presented solely for informative purposes, and are not intended nor should they be construed as investment advice. Companies mentioned herein carry a high investment risk; readers should carefully review the companies thoroughly with their registered investment advisor or registered stockbroker. We are not liable for any investment decisions by our readers. We encourage our readers to invest carefully and read the investor information available at the web sites of the U.S. Securities and Exchange Commission (SEC) at www.sec.gov and the National Association of Securities Dealers (NASD) at www.nasd.com.
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posted
Houston, we are going to have to get this thing off the ground.... and I mean fast! Hurry, the BASHERS are back..... ohhhhhhh nooooooooo! LMFAO!
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