Since this coming week is the biggest vacation week of the summer, might it be better for PEM to make any new NR's the following week? If so, we should be in for a an avalanche of information. Perhaps September will be one of the busiest PEM news release months so far.

With the assay labs backed up with work, we have seen delays in assay results. If I'm not mistaken we are due a slew of assay result news releases that could all be released over a relatively short period of time. At the Friday we are over due the results for PRF2011- 11, 12, 13, and 14. At rhe Deadood we are over due assay results on the DW2011- 1, 2, and 3. That is a total of at least 7 drill assays, with additional assays due soon thereafter.

There is much pent up news. PEM is growing and is preparing to do bigger and better things. Hopefully, we all will learn more very soon. PEM is now among an elite class of explorers, amongst the creme de la creme. The ounces they have found is NOT going to disappear. They will add to what they have found over time. Just look at the PEM map of all the historic mine sites, look at the maps of the various geo, mag., soil sample testing results, then look at PEM's map of the 100 permitted and pending drill locations yet to be drilled, and so much more. With 4m to 8m ounces having been placered out of the OSZ, there is good reason for being optimistic that PEM will far exceed what was accomplished on the OSZ by the historic placer miners.

marwal