Michael Pento says a U.S. QE-4 was just (unofficially and unceremoniously) announced (as if a trial ballon) without anybody noticing. If so, it is supposedly going to be implemented in January and to coincide with the U.S. Federal Reserve's QE-3. The metals and their mining shares would likely rise much higher and more quickly than expected. If PEM's infill drill results are released at about that time, followed by a new 43-101, and while gold prices soar, what might PEM's share price rise to? All the tests thus far indicate that gold is all over this 30 km long property. So far PEM has found 1 to 2 million ounces on just about 1% of that same property. There is every reason to suspect there are many millions more ounces of gold at the Friday Zone alone. And there still remains all the rest of the very promising property in need of being drilled. And the rest of PEM's Oro Grande Shear Zone? I think it will take many miners to establish this as a new mining "district" unless one (1) mining company wants to join with PEM in claiming the title of being Idaho's new King Of The Mountain.

http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2012/10/2_KWN_Exclusive_-_Today_The_Fed_Unofficially_Announced_QE4.html