At least Big Al is positive about PEM's future. It sems that PEM will do some good PP or some JV but there will be no PP at these prices. Well, I hope so, market will not help us. Euro is falling down so Gold could not explode upside. The only thing that is good right now is strong consolidation of Gold price between $1600 and $1650, and I think when next liquidity will be pumped in the system probably will Gold explode above $2000 and that is good. with some other not expected event Gold could even jump to $3000. So, I don't have a fear about Gold price. The only thng that is for all of us question right now is how PEM will make financing in not good Global Market environment. But if they find already way to do it with small dilution then we could explode upside. This is really important time in PEM history. Hope for best, probably next week.

GLTA