No audio was posted Big Als' site about this "rumor" but James Flannigan had this post about PEM and a suitor (Midas?) on the site.
On March 12, 2012 at 5:20 am,
James Flannigan says:
As a matter of track record I have been positioned and in some cases help germinate take overs of these companies in my investing in public companies.Of this list only one take over has yet to happen yet.I make my investments in only 2 or three companies at a time and only when the stock price is groosly under valued by the market place in a company that has a clear advantage over its rivals so much so it (the target) becomes a must have to it larger rivals.My investment style is only take overs or mergers.
taken over:
Arequipia Resources
Argentina Gold
Ashton Diamonds
Winspear Diamonds
Western Oil Sands
Black Rock Ventures
Deer Creek Energy
Synenco Energy
Peru Copper
Aruielin Res
Ventana
As we know those were taken over
Mountain Province Diamonds was not yet but I think Harry Winston or Debeers Canada will take it out before the start of the Gaucho Qua’ Diamond mine begins production.
I do have two more prime take over targets that are Two top priorties were they have moved from the back office of their rivals to the front office and likely near term targets. My number 1 pick is Premium Exploration and number 2 is Newstrike Capital.Premium is already in play in my view making it number 1.While Newstrik is number 2
James Flannigan