BUY A TREE GET GOLD FREE

The shear size of the OSZ (no pun intended) is in my view has made PEM a no brain stock at this current depressed price.PEM 30km of land is worth far more in vacant value then the $60 million market cap.The OSZ is thick with trees and if PEM were a logging company its tree value would far exceed the current $60 market cap.That begs the question if PEM is not a logging company and is as we know it an exploration company looking for gold what are we paying for the gold present on the OSZ.Answer nothing, the current market price does not even reflect the land value never mind the millions of trees on the property.So in theory we know the trees have value when we look at publicly traded logging companies.Then we can look at PEM as a logging company that just happens to have gold under the trees.

But PEM viewed as a logging company we are paying for the trees only.So if we buy a tree in PEM we get a free ounce of gold with it.So if you look at the land value of PEM then add the tree value it is clear $60 million undervalues PEMs land and trees at a fraction of those assets.

But we know there is likely to be as much gold on the OSZ as are trees.If $60 million undervalues the trees the we can only conclude the gold is free.

Buy a tree get gold free.Were in the world could you find free gold? At PEMs share price breaking down the above ground assets give you the underground gold for nothing.

How much longer is the market going to give PEMs gold away for free? I don't know but I want all I can get.

I will for the record buy PEM stock all the way to a $1 as cash flow allows.

I love trees even more so when they come with an ounce of gold.

James