With Premium currently in the middle of their planned 25K meter Phase 4 drill campaign which will more than likely finish in 2012, were funds in the budget for this drilling campaign used to fund the purchase of the private land? If funds were used then Pem could be in need of a money infusion in the early stage of 2012, but if not then warrants from Dec. 11th should be sufficient to keep the drills moving during the early stages of 2012 unless the company decides to greatly increase their rig usage. JMO, good luck....

“The warrant exercise completes the funding for the $7,000,000, Phase-Four Exploration Program, which includes the first district-wide +25,000 meter drill program along the Idaho Gold Project” stated President Del Steiner.