Of course PEM has great results, there is lot of manipulation with this stock lately, even today such stupidity after Gold rally someone wants to sell 1000 shares @ 0.28 wich means 280 CDN$, maybe need to pay some bills. Who knows but great for somebody to buy cheap shares of this great company. I didn't see any kind of bad news lately, they have everything for start with production. Let say that somebody wants to buy PEM if they can prove 1M ounces, that means:

1M *1000$ = 1 Billion Dollar and then

1000M $/62,575,385 shares = 15,98 pps in US$???

And we are at 0.29 CDN$ right now?

Imagine that? And they have potential for 10M Ounces, No problem with Gold mining, so where is the problem with this stock. I am not day trader and I will say just this, patiente is the Key here, don't look at trading every day because it does not make sense, only news and results make sense for middle and long term. I hope to see some trading range between 2 - 3 CDN$ this year.

And everything is great also with Gold so don't sell shares if you don't need.