Re: PEM Announces Closing of Private Placement

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Re: PEM Announces Closing of Private Placement

in response to

PEM Announces Closing of Private Placement

Panamax

posted on Apr 20, 2012 05:05PM

This is great news! Finally I am happy with PEM and I can congratulate to BOD for this move. So they did small PP at 15 cents, the best move in this situation, now they can do infill drilling, make hit and they know where to look for High grade Gold, after that sp could run like GNH to 30 Cents, then warrants to get exercised to have even more money with not so many shares outstandind, also new NI 43-101 with more gold and PEM could easily see 40 Cents again and I hope that next time they will do pp at all time high. don´t forget Midas in all this story, 60 Cents offer is coming.