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Message: Re: What does Eric Sprott, John Embrey and Rick Rule see in PEM? The big picture!

Right on. I particularly like that there is decent volume right now. Oftentimes, while a financing is open, the sp tends to remain pretty dead, especially when it's obviously being held in place like PEM currently is. If one wanted too, one could build up a pretty decent position here without even really moving the sp up (which is good for the buyer but sucks for everyone else). Once the financing is closed, though, I doubt that'll be the case. Buyers will have no choice but to pay up.

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