I like this part of news:

"Defining the overall footprint of the Orogrande Shear Zone with the airborne geophysics is surprising in its implications. It confirms that the OSZ is a significant regional structure consisting of numerous targets. This confirmation coupled with the structural control of mineralization are all characteristics shared with the Carlin Trend of Nevada," said Michael Ostenson, VP Exploration.

This is huge and can bring much more new investors in PEM, yes on the end we will probably have 5M+ Ounces but it is also possible that some Major step in little bit before that resource estimation. I could think of Kinross or Newmont, who knows but this is huge discovery and PEM is take over target for sure.

I think that before next news next week we will probably be already above 60 Cents so even 1$ is possible in short term.