BUSINESS:
Pacific Rim Mining Corp. is a revenue-generating gold exploration company in the process of advancing its flagship El Dorado gold project in El Salvador. The Company's goal is to become a low-cost, highly profitable intermediate-level gold producer through the development of El Dorado and other gold projects. Pacific Rim's philosophy is quality over quantity. We believe that the sheer number of gold ounces a company produces in a year is not as important as the profitability of those ounces. Our focus is on gold projects that have the potential to be in the lowest quartile worldwide of costs - this criterion guides our exploration from project generation through development and production.
Over the past few days Volume is increasing for PMU, just like TGC another 52Week high Possibly will hit the $1 tomorrow... we'll see.
Just broke the 52 week high again but did not hold up ...i think that is good... going up slowly with increasing volume.. ;)
Hey terlisa,
Ive been watching this one as well it showed up on my filter a while ago though i was never as bullish on gold as david was though as far as a break out technically i was bullish on this stock. I was watchin when it made a false breakout on 9/19/05 only to make confirmed breakout on 9/28/05. I never filled a position on this stock though i applauds you for the find. Good luck if you have a position in this one.
-fousc
Finally hit the $1.... Nice! very very nice!... look at that, another newly born 52 week high ...white marubuzo, so beautiful!!!
Terlisa - still following PMU?
I think it broke a downtrend in early April. It is pulling back a little and 61.8 retracement would be at 0.73. Would this be a good buy?
Quote from: Livana on April 29, 2006, 10:16:57 PM
Terlisa - still following PMU?
I think it broke a downtrend in early April. It is pulling back a little and 61.8 retracement would be at 0.73. Would this be a good buy?
Nope, i'm not following PMU...but price looks to be retreating a bit.
1) PMU showed for pullback the time it prints a red ugly candle seven sessions ago.
2) Pullback confirms on Red spike Force Index EMA2
3) Then tracing down MACD Histogram
4) Followed by the MACD bearish Crossover
Quote from: Terlisa on April 29, 2006, 11:01:01 PM
Nope, i'm not following PMU...but price looks to be retreating a bit.
1) PMU showed for pullback the time it prints a red ugly candle seven sessions ago.
2) Pullback confirms on Red spike Force Index EMA2
3) Then tracing down MACD Histogram
4) Followed by the MACD bearish Crossover
Thanks for the response... I'll keep an eye on it
PMU Looks like a good pick up next week... as Gold index is picking up steam again ;)
Terliso - Do you think this one will go upto 1.30 or higher?? thanks in advance
I don't know again tocitygirl there is no sure thing in the market.... I remember when CHTR still trading @ $1.70 and you asked me how high i'm expecting CHTR will go, I said above $2.20 & look CHTR now, it is now trading @ 2.76 and still going up....anyway did you also make profit in CHTR?
One thing I can guarantee you though, PMU's chart is in upward trend :D
---- Gold Index is turning bullish, we got bullish cross above zero level (weekly chart)
Good luck! ;)
Quote from: Terliso on October 07, 2006, 12:42:49 AM
Quote from: tocitygirl on October 06, 2006, 04:38:45 PM
Terliso how much higher are you expecting this to go?
I don't know tocitygirl... the target could be above $2.20 or the 200sma weekly chart, CHTR hit 52week high again today ;)
Yes I did but sold it at $2.40. Thank you :D Keep up the good work.
Good close ;)
PMU .... Rock n' roll... ;)
Wohooooo! good close a wonderful marubozu, we got good volume too. :D
Nice work Terliso.......Applaud !
Up in the after also.....
PACIFIC RIM MINING (AMEX:PMU) Delayed quote data
After Hours: 1.39 +0.10 (+7.75%)
The sector is hot...... ;D Gold is the way to go for the moment. ;)
Long PMU, on momentum, small gold miner with its finger in several mine projects, the most promising in El Salvador, also has an active mine producing revenue.Well financed, chart extremely hot right now, buy in measured amounts on pullbacks if looking for a long term investment here.
52wk Range: 0.57 - 1.30
Volume: 1,681,600
Avg Vol (3m): 302,000
Technicals
Record Price High......... ;)
Most Actives
Record Price Break Out.......... ;D
Percentage Gainer
Last Price Quote is:
17.91%above 13-day MA
38.01%above 50-day MA
RS Rating: 96
Fundamentals
Key Data:
Market Cap (M): $53.14
P/E Ratio: NA
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
I tried to get some shares before 4.00pm but my order didn't get filled :-\
Volume is hot!!
Looking for an entry tomorrow at the open... ;)
mexirafa
In at 1.19
mexirafa 8)
Keep you eyes on this stock this morning.......
Yesterday's closing chart