In the latest interview with Del on Korelin there were very important coded masseages that was given to shareholders that Dels restriction to discuss under the terms of the CA agreements.So here are a few points in the code that are likely.

1) last Sept PEM had a number of CA greements with mining companies,but talks were put on hold due to the BCSC proplems.Now Del stated those talks are now "moving forward".

2) Del stated that other parties were on PEMs property doing ore studies.To do an ore study is an avanced step of putting recoveries and economic numbers to a sufficent quantity of minable ore to justify a mine.So it seems that the foot print stepout drilling of the Friday zone while all resources are not yet 43-101 are pointing to a large enough target of 2 million oz that third parties are moving up to ore studdies.

3) Pem now has oulined multiple gold in soils to suggest that at least 4 more Fridays are likely present on the OSZ further confirming a Carlin look alike.

4) PEM states that permiting of thses new drill targets are underway.Yet PEM has no money to drill them.So logic concludes that a third party in this case I guess OSK wants the paper work completed to drill these targets.

5) Del states that PEM can double the Friday resource on its private land and that means not permints are riquired to infill Friday.He also states that a few audit holes will recover the lost ore inventory of the old 43-101.So we still do have the 1.1 million oz resourcs in the old 43-101 even though the audit holes are still needed . But OSK does its own audits.

6) It seems that PEM is so target rich that a serious company such as OSK will fund a massive exploration program on this OSZ.When I spoke to Midas regarding their interest in PEM they stated that the OSZ needs 10 rigs on it but PEM could never do that.Well never say never OSK can get 10 rigs any day they want.

7) PEM in its latest SEDAR filing now show pit shells for Friday.So if it looks like a mine walks like a mine its a mine in the making.