It seems ironic that from the spring of 2008 through late December 2008 the share price did about the same thing it has done this year, fairly steadilly drop from .75 cents down to extreme lows. In the 3rd or 4th week of December 2008, PEM then began it's March back up at a time when the company had accomplished virtually "nothing" (emphasis added) as of 2008. The rise back up began for the whole mining equity sector at about the same time. PEM went up about 800% within a couple of years and up about a total of 1,500% within the 3rd year. Again PEM had virtually no successes, no accomplishments as of 2008. When I look at what has transpired since then, PEM has come a long long way. The list of new successes, since late 2008 is lengthy and noteworthy. Perhaps we will have to wait for the mining sector equity market to turn decisivly upwards. Perhaps not. The fact remains PEM has a tremendous list of post 2008 accomplishments to crow about. I believe it will go back up higher than before. Although that does not make the current worries disappear, it does provide some positive perspective to PEM's future compared to the current depressing scenario. The buyers of all the shares being sold off are betting on it.