The rise in December’s HSBC Flash PMI for the ma

The rise in December’s HSBC Flash PMI for the manufacturing sector in China to 50.9, its highest level for 14 months, boosted confidence among traders

I read today that Chinese manufacturing rose 5 straight months and election of new leadership is suppose to be positive for iron also. A lot of their growth ever since Nixon helped them gain most favored nation trading status has been from exports-so to increase exports and continue following other nations in promoting growth by loosening money supply they are expected to announce another loosening of money supply shortly on top of 150 billion recently announced.

Meanwhile we continue to wait for further news -probably after the fact as the "dont rock the boat" policy continues while negotiating sec settlement for March 2010 promo which netted the company nothing(no shares issued)-so they are apparently being extra careful re publicity til that is resolved-

To the best of my knowledge the majority stockholder Bob and family is relying on pps rise himself-all his money /fortune-or the lack thereof -is tied up in the company-see past filings-if u read past posts u see they expected to uplist to a big board within a couple years and until then they said they weren't selling their insider shares.

As per shirley 10-24-12, production was continuing,as confirmed by the new website pamvmex.com also,which means they expect to continue shipping. They can always sell to Bao if they had to-I'm sure Bao wanted to buy the mine-as is normal for these large chinese steelmakers and probably a topic of discussion when vice chair of Bao board visited mine in ca Nov 2011-see past posts for his pic.