On 2/14, Eric King (King World News web-site) interviewed Jim Sinclair during which the following was said (in addition to much more):

Sinclair: " gold shares with real growing extractable ounces will perform as they did in 1979 and 1980. . . . "

King: when Lion Mines went from .07 cents to $380, a 542,700% gain; Azore Resources went from .05 cents to $109; Warf Resources from .40 cents to $560.

Sinclair: although it seems impossible it is characteristic of that type of mania we will be involved in. . . . This is going to go up as a (like a) nuclear event. . . the companies with the real material, those with the right people, financing, and good 43-101 ounces are where you are going to want to put your attention.. . . "

By the end of this year PEM may have raised it's 43-101 totals to about 2m ounces. Meanwhile, they will have drilled more step outs, adding additional unofficial ounces (financing permitting). Doing so, while reaching and exceeding 3m ounces, would put PEM in the category of one of the very few rarist discoveries. I suspect PEM could (as in maybe) become one of those "nuclear events" Jim Sinclair and Eric King were talking about. We put our money where our mouth is. The share price was/is just too cheap to resist. Their "treasure map" has a virtual 100% success rate in telling them where to drill. That treasure map, and the OSZ, could one day prove to be worth many billions of dollars in market cap if history repeats itself and PEM continues to succeed.