July 27, 2011 16:51 ET - In the News The International Speculator in its July 7, 2011, issue refreshes its buy of Premier Gold Mines Ltd. at $5.77. The newsletter said buy three times between Jan. 2, 2008, and Jan. 2, 2009, at prices ranging from $1.55 to $2.69. It then said sell some -- perhaps half -- on Jan. 4, 2010, at $4.29. Assuming an investment of $1,000 for each of the three buys, selling half of the $3,000 investment at $4.29 yielded a hefty profit of $1,961. It then said buy once again on Aug. 2, 2010, at $4.65, and again on Feb. 7, 2011, at $6.59. Assuming two more $1,000 investments, and taking into consideration the remaining $1,500 from the Jan. 4, 2010, one-half sale, the total $3,500 investment is worth a respectable $6,762. The Speculator's writer scans the press releases and figures Premier remains his favourite takeover candidate after it consolidated ownership of the Hardrock project in Ontario. With this consolidation, he figures the odds of Premier getting taken over have increased, an ambition assisted greatly by its boast of owning several high-grade resources near existing Goldcorp Inc. and Newmont Mining Corp. operations. The stock has not yet recovered from May's plunge following its $8 high in April, 2011.