Of course not about property but about Management. For old management I don't care but new CEO seems to have some relatioship with possible future financing.

As Is sow Electrum Group is doing financing for Gold Companies so maybe it is actually intent to made some deal with that Group. Of course if he has so good relationship then why not with better condition but think again, they don't care about us, they want shares as cheap as possible so there is some kind of possibility. On the other side he could propose to Nova Gold to acquire PEM for nothing, so they will be happy. Anyway I think that this will be new direction of this company, Del couldn't do anything in any way. So let see what new CEO will do.

GLTA