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Message: NI-43-101 past and future. . . .

On p.78 of the last 43-101 it was urged that PEM locate all the prior Bema drill holes. It said that sufficient documentation existed to "substantially expand the known (Friday) resource." Does anyone have any idea how many more ounces this could add if PEM locates all the Bema drill holes?

On p.79 of the last 43-101 it said that there was about 1 g/p/t/ silver not previously documented, but should be documented because it could be material to the economics of the Friday project. Could that mean that PEM has about 1 ounce of silver for each ounce of gold? If so, might that mean to some buyer of the Friday that there could be 3, 4, 5m ounces of silver at the Friday as well as the same amount of gold?

For the next 43-101, it has been guestimated that PEM may have added about an additional 1m ounces of gold as a result of this year's step out drilling. While next year's infill drilling establishes the amount, PEM will continue with the step out drilling. If as successful as the drilling thus far, that could mean that PEM might find an additional 1m ounces bringing the total by the end of next year to 3m ounces at the Friday, if infill drilling confirms the number. Is it possible for RC infill drilling to be done next year to the extent that it could cover all of this year's step out drilling as well as next year's step out drilling, before a new 43-101 is done?

If all 3 of the above issues can be done in 2012, how much more value might this add to the Friday Zone? If all of the above can be accomplished might this then make the Friday ready for marketing, as for sale, while the work is in progress? If so, how much value might there be per share? $2.50? Less? More? Any opinions? Is it possible for PEM go "all out" to do all the infill drilling next year for all of this year's and next year's step out drilling?

With regard to today's dismal and depressing share price, as they say, "this to shall pass." And it will.

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