CCM Research Issues Initial Report on Premium Exploration, Inc.
posted on
Feb 22, 2008 10:36AM
Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho
TORONTO, ONTARIO, Feb 22, 2008 (MARKET WIRE via COMTEX News Network) --
Premium Exploration, Inc. (TSX VENTURE: PEM) -
CCM Research analyst, Stephanie Loiacono, CFA, has written an initiating report on Premium Exploration, Inc.
Premium Exploration (TSX VENTURE: PEM) is a precious metals exploration company focused on exploration in North America and has assembled both an innovative and experienced management and advisory team who are committed to the long-term success of the company. Premium's goal is to discover precious metal deposits that are strategically located in areas that would allow their profitable extraction with minimal political, social or environmental risks. Current holdings are in Mexico and the USA. By acquiring prospects internally and financing some of them through joint venture partners, the company is able to maximize the potential for discovery while mitigating risk and increasing shareholder value.
In the report the analyst states, "Financial results for PEM's third quarter and nine months of 2007 were consistent with our expectations. The Company is on-track and gaining momentum with its exploration and development activities."
The analyst continues, "We believe PEM is particularly well-positioned among the juniors, and that PEM shareholders are likely to participate in a significant mineral discovery."
With regard to acquisitions, the analyst notes: "We expect to see the Company take advantage of new opportunities particularly in Mexico, where the Mexican Government is strongly supportive of staking and acquisition activities. The Company is actively looking for acquisitions and joint ventures to add to its quality pipeline."
A free copy of the report can be found at www.ccmopportunitybase.com.
CCM Research, a division of Cronus Capital Markets, Inc., subscribes to the "Standards for Independent Research Providers" and the principles contained in the Analyst/Corporate Issuer Guidelines jointly promulgated by the CFA Institute and the National Investor Relations Institute, described at: http://www.cfainstitute.org and http://www.niri.org..
Cronus Capital Markets, Inc., through its CCM Consulting division, entered into a one year $42,500.00 contract with the company to assist it with the creation and execution of information-based strategies to overcome market inefficiencies that are commonplace for the vast majority of public companies, such as share illiquidity and stagnant market capitalization.
Cronus Capital Markets (CCM) is a global investment information firm who strategically produces and introduces, through various forms of analytics and worldwide distribution, information on equity market opportunities. CCM's equity indexes receive international attention and represent important new benchmarks of growth.
The TSX Venture Exchange has neither approved nor disapproved the contents of the press release.
Contacts: Cronus Capital Markets Peter Soni Chief Information Officer (416) 368-3700 ext 225 Email: Peter@cronuscapitalmarkets.com
SOURCE: Premium Exploration, Inc.
mailto:Peter@cronuscapitalmarkets.com
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