News of 3 hols results will be out 1st week of FEB , End of FEB revised resource calculations expecting between 1&2 mil OZ of gold, and restarts of drilling at at Friday-Petsite Project of 6000meter end of march 2010 , total of 18 to 20 holes , remember this is a 28KM long trend. as per talked to IR today
http://www.stockhouse.com/Bullboards/MessageDetailThread.aspx?p=0&m=27861125&l=0&r=0&s=PEM&t=LIST
Also about pp @ 2$, PEM right now has enough money, just read this post:
Hey, I emailed PEM just an hour ago asking two questions: 1) will there be more drilling in the near future and 2) do you have enough money from the last PP and below is the reply:
Hi Mark: Yes there plans for a Phase 3 drill program estimated to begin late March / early April. We currently have $1.5 million dollars, yes we have enough to begin phase 3 drill program
Mike Brambley
1-877-682-0243
This is great news, it means that this rally can be sustained into the over a dollar range. So, relax you guys and maybe pick up some cheap shares and hold on for the next leg or two.
stonefox :>
http://www.stockhouse.com/Bullboards/MessageDetailThread.aspx?p=0&m=27849582&l=0&r=0&s=PEM&t=list
So why not to make another pp @ 2$, should be no problem if everything will be good like until now.
Long and strong on PEM!
