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Message: Ind. Alliance reportedly has written as a result of PEM's last News Release:
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- PEM to do a new 43-101 in Q1, 2012;

- they expect 2m "+" oz AU or more at the Friday this year;

-PEM is meeting (exceeding) expectations faster than had been expected;

-Are convinced (believes) PEM will prove up new multiple additional million ounces deposits as PEM continues to drill the Orogrande Shear Zone;

-raises it's share price target from $1.05 to $1.15 w/i a year. (Another annalyst says $1.70 by March/April, 2012.)

I may have gotten some of this slightly wrong, if anyone can verify. . . . . . .

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