PRMO looks right on the verge of a breakout. Trading today took place decidedly on the ask and I would not be surprised to see PRMO take a swing at $.0004 tomorrow. These triple zero stocks can take time to work through the supply of shares in the market, and I think PRMO is right at that point where the supply is shrinking and the demand for the stock is growing.
After all, this is a stock that boasts gold assets of over $12 million, revenue of over $6, and net income of over $2 million. This is all from their recently filed annual report. I think shares are tremendously undervalued.
With the company positioned to profit from the recent surge in gold prices, it makes sense that the share price of the company will follow suite.
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