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Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho

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Message: Next drill assays could mean. . . .

The next few drill assays could mean a lot to shareholders. The drilling should be nearing completion in a couple of weeks +or-. Two or more assay results should be released in the coming days. Those results could well be sufficient to preliminarilly decide (unofficially, if not officially) whether to start to reserve equipment requirements to open the earth for a tunnel. In listening to John Ryan's last two video interviews it sounds like a mine could be in production this year. More than that, it sounds like he is making plans, and taking steps, to start producing gold, unless the upcoming assay results prove disappointing. A mine up and running in a matter of months is the goal. Hard to immagine. If so, and if gold has bottomed for sure by summer or early Fall, then an unquestionable rally in gold prices will help to ensure PEM's very-very profitable future. PEM's management (insiders) are investing their cash in PEM. Combine all this together and it tells me that they believe there is no stopping PEM from here on out. A small tunnel mine can be enlarged fairly quickly when gold profits start flowing into corporate coffers.

The profits from the Friday mine, if it materializes, will be poured into preparing for mine # 2 on the OSZ. Maybe it will be on the Monday? Or, maybe the patented land near the Buffalo Gulch? Things could start happening relatively quickly in the coming weeks, months and couple of years. Again, if you listen to John Ryan's most recent video interview, he sounds like a man who is preparing to mine the OSZ!

Amazing. Maybe John Ryan could use some of the cash flow from the Friday to buy back some shares to benefit those who have been on board from early on? Probably not, but one way or the other we are being pleasantly surprised with each passing month, so far.

Best wishes and blessings to all.

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