PEM's reversal to the upside may be close at hand, if not already happening, for reasons more than merely because of seller's exhaustion from uncerimoneously drop kicking their shares at bargain basement prices. The buyers at recent lows have been both numerous and obviously extremely eager. There seems there are few left wanting to sell for a loss at recent low prices. I suspect, in the not too distant future, PEM's share price could reverse course leaving many, who have sold their PEM shares for pennies on the dollar, distraught for having done so. It seems to me, based on all I know about the company, that there is far more upside potential than downside risk, percentage wise. Some time from now I will be kicking my self for not having bought more shares. As an aside, my wife just heard on CNBC financial news that mining companies just can not find enough proven gold reserves. In the times ahead, if PEM continues to rack up the ounces, one of those miners are likely to come knocking on PEM's door, hat in hand. And, no, I would not be interested in selling our gold in the ground on the cheap, like so many recent unfortunate shareholders sold their shares.

Happy holidays and a very prosperous New Year to all.