My thanks to all, and for the informative explanation provided by primed 24 . . . . so, if the Friday Petsite block of land is sold off, the share value could possibly (as in reasonably maybe) be in the $3.00 + range if 3+ million ounces are believed to be in the Friday Petsite block? Plus possibly a royalty (for PEM & share holders) per ounce produced by some mining operation? I look forward to the months ahead. If spot gold (in US $) rises to levels most guru's say it might rise to over the next 2-5 years, it will significantly boost all "value and price" predictions for PEM.