I don't know. You should ask Big Al or James. The way I see this is that one Big Financial Institution is investor in both companies and this Institution doesn't want PEM to make PP, because of that PP is not closed for 3 months. Usually before take over offer there is some kind of Big volume. I think that it will come and when it comes I will be prepared for take over battle. I hope that this Institution wants Big gains with PEM stock so take over offer will be much higher, last pp was at 30 Cents so 40 Cents is very possible, hopefully some Bidding War will start and then watch sp explosion even to $1 since I think that PEM could have at least 10 Million Ounces of Gold.
GLTA