The Korelin interview was very very good. In decoding Del being under strict CAs he can only try to send a message that PEM is being looked at by serious investors with regards to M&A. But a clue is PEM is permitting the whole OSZ for exploration.This means who ever is looking at PEMs assets is serious in knowing PEM does not have the resources on its own to explore this massive property.

Osisko is a serious explorer mine builder.They are very aggressive in becoming a large gold producer in North America as a mandate.They would need the kind of platform like the OSZ to reach such lofty goals in a short time frame.

With the now massive growing Midas 10 million oz discovery to the south of PEM and with in the top three world class silver producing regions to the north of PEM the address could not be any better in Idaho.In fact I think PEM could end up with a large silver producer as a JV as Del is close to these guys in Idaho.Osisko could find its self in a fight for the rights to explore on the OSZ.

Many PEM shareholders have become depressed with this investment.Some have sold 25 cent PP stock for 5 cents,But let me make this clear there is no other JR gold company posting long high grade intercepts that even come close the these kind of world class intercepts trading below $10 million dollars bar none.

My thinking is PEM is very close to a market moving event than most think.In this business a stock can be at 7 cents one day and at a 70 cent price on any other given day.Those are 1000% gains and I can find no other situation were the known data point to a future gain such as that or even 5000%

Long term JR investors know exactly what I mean.

I conclude a market moving event is in store for PEM shareholders and enormus capital gains are at hand.

James