Thanks for the web site. .33 g/p/t, .34 g/p/t/, .36 g/p/t/ ? I have also read that many miners are intentionally digging up .25 g/p/t/ in places where higher grades are close by or adjoin.

I also recall Pierre Lasonde saying in his interview a week or two ago on KWN, that mining companies are finding it increasingly more difficult to find very large gold fields and that one's with 2 g/p/t/ were (my words) now considered to be hard to find, implying lower grade very large gold fields were now desirable. Juniors and Majors have expressed consistant interest in PEM with a couple overheard saying that PEM's property seems to have everything needed conpared to others they have looked at which have one or more discouraging drawbacks.

In addition, some exploration sites have drawbacks-short comings, such as lack of or insufficient roadways, power, fuel accessability, transportation access for personnal, need to fly everything in and out, high security worries and costs, unstable governments, permit problems, severe weather for much of the year, insufficient infrastructure, etc., none of which is of much concern for PEM, if at all.

A couple of gold fields were bought recently for $300 and $515 per ounce in the ground. Research indicates the value of PEM's gold in the ground is more likely closer to $100 an ounce, and could be much higher depending on total ounce potential, ease and cost of mining, gold's increasing spot price, etc. Two professional annalysts place PEM's share "price" at $1.15 and the other at $1.70 before this time next year.