I finally decided to jump in with a messily 6,000 with PMU today because I am taking it slow today just a few minutes ago for the breakout coming. I did this because there was huge 160,000 buy that should push this over the .32 and .33 double top and break this out. Its a gold and silver stock and I already know its undervalued on a 3 year and 6 month chart. They just reported earnings September 10th very positive.
For the three month period ended July 31, 2009, Pacific Rim recorded a loss for the period of $(0.9) million or $(0.01) per share, compared to a loss of $(3.3) million or $(0.03) per share for the three month period ended July 31, 2008. The $2.4 million decrease in net loss for Q1 2010 compared to Q1 2009 is primarily related to significantly lower direct exploration and general and administrative expenses combined with a small gain on the sale of bullion, offset in part by expenses related to the CAFTA action during Q1 2010 for which there is no comparable item in Q1 2009.
For the three month period ended July 31, 2009, Pacific Rim recorded a loss for the period of $(0.9) million or $(0.01) per share, compared to a loss of $(3.3) million or $(0.03) per share for the three month period ended July 31, 2008. The $2.4 million decrease in net loss for Q1 2010 compared to Q1 2009 is primarily related to significantly lower direct exploration and general and administrative expenses combined with a small gain on the sale of bullion, offset in part by expenses related to the CAFTA action during Q1 2010 for which there is no comparable item in Q1 2009.
