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Message: Update on PEM

Update on PEM

posted on Jul 08, 2009 10:18PM
Spoke with PEM this AM:

- PEM has finished their recent drilling program
- Expect some news very shortly (Thursday?)
- Assays should start being released July 20th +-
- "Major" observed the drilling & core - impressed & signed confidentiality agreement & may want to possibly do JV
- Geo thinks extension may be up to 4X length originally thought

Would appear that a positive flow of news should be coming which hopefully will drive up the share price for investors. PEM seems to have a tiger by the tail based on my conversation with them today. Looks promising.

GLTA,
Mike

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