1, In today's PEM news release they also wrote an important sentence worth pondering because it minimizes any future concern about obtaining a mining processing permit. The acquisition of the PEM wholly owned industrial land package announced today "provides the option for any future processing to occurr on private property, expediting and simplifying the mine permitting process. . . " (One less thing to worry about).
2. An interesting point made in an article appearing in "proactive investors" a month ago, in which PEM was highlighted, said that Idaho based gold companies market caps equalled a mere $32.47 per ounce of gold. Yet, the market cap for companies elsewhere was nearly 5 times greater at an average of $163.30 an ounce. That means that if PEM's OSZ was located outside of Idaho the share price, using the averages provided, would be 5 times higher than it is today. There is whole lot of pent up upside potential for PEM and other Idaho based gold companies.
http://www.proactiveinvestors.com/companies/news/16839/midas-gold-otis-gold-premium-exploration-mosquito-consolidated-formation-metals-reviving-idahos-mining-heritage-16839.html