PRE - Pacrim Energy

[yogi-in-oz]

Re: Pacrim Ltd. (PRE)



Hi folks,

PRE ..... from HC post on 11092005,
we will be alert for some minor news/moves
over the next couple of days .....


Key dates ahead for PRE may be:

22112005 ..... minor

08122005 ..... significant and negative

23-27122005 ..... significant news and negative

13-15012006 ..... significant changes here (???)

-----

happy trading

yogi



=====

 

[johnno261]

Re: Pacrim Ltd. (PRE)

Purchased a parcel of these little fellas today @0.044. Bold move perusing @ chart,not much in the way of support below0.044, but watch the S/P move in the next few weeks!!!!!! My opinion so do your own research!

 

[pacer]

hmmmmm small upturn on no info, could be some thing here.

what do you think

 

[powerkoala]

Anyone follow this stock lately?
goes up couple days ago due to nice gold grade.
and now participate in US gas project.
Hope to going up fast.
Any technical data ?

 

[SevenFX]

PRE has had a nice run today for a small specky...

Up 26% with 41million, and niceish buy/sell ratios.

 

[nioka]

Has anyone any Idea what is happening to PRE. Is there any reason for me to continue to hold this stock,

 

[wotthe]

This has had a good run in past couple of days ... I bought at 3.2 a couple of days ago and it touched 3.7 today before closing at 3.6.

Buyer side was sitting about 36 million with 10 million on seller side for a while before coming back to 32m and 11m.

I don't know much about charts ... if anyone has an opinion based on them, I'd like to hear it ...

Has this snuck in under the radar?

 

[wotthe]

Looking great again today. Has touched 4 now back at 3.9 (up from 3.6 yesterday). Will be inteteresting to see how it closes...

 

[ROE]

This is my highly-spec/highly risky stock and I bought it at 0.03 so have a nice run in a last week or so.

 

[Lachlan6]

Just pulled up (PRE) on weekly chart. This week it looks like it will break through its May 2006 resistance of about $0.037 on some very nice volume. Something may be up and I am looking to get in for a nice little spekkie.

 

[yogi-in-oz]

Hi folks,

PRE ... traders have already lifted this one off its lows,
ahead of a positive month expected, in June 2007:

23052007 ... minor cycle ... finance-related ...???

05062007 ... positive cycle ... aggressive rally ???

07062007 ... positive spotlight on PRE .....

22-25062007 ... positive cycle ... finance-related ... ???

happy days

paul

 

[moses]

PRE looks rather boring on the the SP and volume charts, but the Neilson SMA chart which looks at buying pressure at the end of the day tells quite a different (very positive) story.

 

[moses]

Well well well. PRE now in a trading halt pending ann re drilling results. Its up 5% this morning, and +30% from when I brought it to ASF's attention with the SMA chart above.

 

[Da Cat]

reasonably good drilling results released yesterday:

"Pacrim’s initial 7 hole RC drilling programme at the Redcliffe Pit prospect were designed to assist validation of previous exploration data and to test for extensions of gold mineralisation beyond previous mining.

Encouraging oxide intersections included:
• 8m @ 4.09g/t
• 6m @ 4.46g/t
• 4m @ 3.65g/t

• Several gold intercepts were returned from fresh rock at Redcliffe Pit in association with the presence of fresh sulphides. These included:
• 4m @ 3.10g/t
• 5m @ 2.05g/t

• All holes at Redcliffe Pit returned multiple gold intercepts within a broader mineralised zone which was shown to continue at depth over a strike length in excess of 300 metres."


These results confirm the northerly strike of the gold bearing structure that runs from Navigators (NAV) tenement. [PRE tenement adjacent to north of NAV]. I am encouraged by these results. The company has stated its preference to rapid resource definition (7 Aug 2007):

"Work by previous explorers has focused on supergene mineralisation exploitable by shallow open pits. In addition to seeking near surface gold deposits, Pacrim’s exploration philosophy for the area is based on the potential for the grades of the extensive gold mineralised systems to increase significantly at depth in association with sulphides. Further support for this has been afforded by Pacrim’s positive exploration results and those of a neighbouring explorer [insert - NAV].

The Mertondale Shear Zone, including Pacrim’s Redcliffe Gold Project, is considered by Directors to be an important emerging gold camp undergoing a significant resource definition phase."

Exciting times ahead.

 

[nioka]

There has been more good results which confirm the gold mineralisation previously identified and extends the zone. This is positive news that does not seem to have had much impact on the SP so far. I would expect this one to improve as more results come to hand.

 

[nioka]

News on PRE today has had an effect on the SP with good turnover and a good line up of buyers. Following the release of good gold grades has come the news of a possible early source of income from the drilling of a gas well in the Fireball prospect in NZ. PRE has a 35% interest in the prospect. The operator, L&M Petroleum, have stated that the well will be drilled in an area where 2 wells drilled in the 1940s blew out while drilling and flowed uncontrolled gas to surface.

 

[nioka]

Pacrim continues it's price increase and has the potential to have a price break out. Price today has reached a 12mth high with good turnover, a good line up of buyers and now shows a 100% gain in my holding. This is one I bought and consigned it to a bottom drawer a few months ago.

 

[ROE]

PRE

There is no thread on PRE so I ask here
anyone know what's going with this stock?
it's going all the way North lately.

 

[ta2693]

I think it is because of historical record Gold and oil price.
PRE's major business is in Gold and Oil.

 

[nioka]

In a market which has fallen significantly today, PRE continues on to set a new 2yr high and has risen 4.45% with a high turnover. Definitely out of the bottom drawer now. The benefits of the Redcliffe assay results and the farmin Fireball gas project are starting to show in the SP.