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Message: PEM in a fortnight. . . . . . .

In about 2 weeks the tax loss selling season will be over both in Canada and in the US. Dundee, and others will have disposed of their PEM shares. The volume has been uncharacteristically high as the panic set in to sell at most any discount. That will soon come to an end. And those retail investors who only know what they see on the PEM ticker price, who have panicked as they watched the share price decline, will be gone. When the seasonal selling is behind us and PEM sellers have capitulated and run for the hills, and when there are very few left to sell, PEM could well begin a long upside trend, leaving those who sold in the dust. I reiterate that there is far more upside potential than downside risk, percentage wise. We may soon never see these current low prices for PEM ever again. If so, we'll celebrate. If not "soon," then it is just a question of time before we do. Being able to buy 1,000 PEM shares for $125.00 (or 10,000 shares for $1,250.00) the other day seemed an absolute gift. It is a holiday season present that won't last forever. The holiday season sale for PEM shares could be over in a fortnight. This time next year PEM may have proven 2m ounces and stepped out an additional promising 1m ounces at the Petsite Friday. I think I will buy my wife more shares for Christmas. Happy holidays one and all.

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