Primed -

I agree that 60-70 is probably a true reflection of the potential value of Friday. But to achieve that value, more ounces have to be proved and I don't know how PEM can fund the drilling that would require.

I suggested $.30 because that may be a "fair" price given the ounces currently "proven." That sale would then provide the funding to prove up the rest of the OSZ. Del and co. believe that there are a lot more ounces in the project and I am with them on that.

We may have to recieve less than what we want for Friday in order to get the capital to drill the rest of the OSZ. If we don't get the capital soon, someone will eventually end up "stealing" the whole resource for a fraction of its potential value.

The best strategy may be to lose the battle but win the war.

- panamax