Some interesting posts

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Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho

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MaxValueHolder

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Some interesting posts

posted on May 20, 2010 12:40PM

This is the best video I have seen from Premium.

http://www.b-tv.com/i/videos/PremiumExpMay10.wmv
There are a few lines I found interesting from the video:

Del: This 28km shear zone is too big for one company . Ithink we will generate some strategic help on part of it so that we will havemore than one company developing a project on it.

Wilf: the logical development for Premium would be toadvance this deposit (Friday Petsite) to a point where a major would come inand say ‘well guys you have done a great job. Here’s a cheque for your shareholdersand go find us another one.

This raises some questions. (my specualtion at this point)

Are we talking JVs or a spin-off listing? A logical spin-off could be Buffalo Gulch to get the deposit into production.

Other spin-offs could include Chrome Mtn. This might be the logical move if Premium is considering selling Friday-Petsite to a major company.

Oops, lloks like my puter was blocking the video, mission accomplished.

70% of the drilling (7000m) going ot infill (raising oz), looking for 1M oz minimum out of this round.

Jay Taylor: "I think Premium has the chance to become a major producer in the not too distant future.....huge strike length of yet to be drilled structure......exceptionally high grade values" at depth.

"A ton of news flow for the next 9-12 months. Advance the deposit for a major to take put."

This is much more promotional from both Wilf and Christine than I have seen before. "Gold everywhere"

Cheers,

Retiring Young

Actually lot of things are going round PEM lately, it will be very interesting Year to say at least, so many opportunities here, great Gold Deposit and there should be also lot of positive news...