Re: PEM's Dowry
in response to
by
posted on
Feb 20, 2013 08:25PM
Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho
Some have forgotten that Montana was Pems first property along with the Mexico which went by the wayside.
Unless Del is really missing something one would have to ask why they have kept the property even after the drilling in 2007 by BTP unless they felt is was something that could lead to cash in the bank.
They have made the yearly payments, have drilling permits with the Gallitin Forest Services, supposedly had QP work on the report that required the BTP drilling update to bring the property up to standard.
A week or two ago I looked high and low for a copy of the Wilf Struck NI43-101 on Pems web-site and asked Mr. Google Phd and could not find the information anywhere, it was removed for some reason and I can usually change my enquires to find almost everything on the internet.
While searching for the report I did manage to stumble across a report similar to the prospectus that Pem had to issue last year from the Stillwater Mining Company and although it was a couple years old it did go into rather lengthy details the Stillwater Complex and the geology that surrounds the East Boulder Mine.
With SRU have their BOD meeting moved back to tomorrow and over 2.7M shares purchased at .005 one has to wonder if actually something is in the works, remember that after Nevoro did their drilling last summer some of the SRU property was sold to Stillwater, but the core assets from the area remained under the control of SRU.
Shareholder unrest with Stillwater leadership due to past purchases leads one to question whether a purchase of property adjacent to the current property would change the attitude of shareholders.
Funny how untouched property between the East Bolder Mine and the SRU property was staked out by a company lead by a geologist that graduated from Montana and lives near Red Lodge and did some work with Wilf over the years.
Yes, Montana is quite a tangled web that will take time to sort but one thing is that Del from what I had heard before Wilf's passing wanted to move Montana forward because that was his original baby so to speak....