TSXV:PEM.P - Post by User
Post by
grantster44on Feb 18, 2010 8:04am
![](https://assets.stockhouse.com/kentico-cms/0342-00/images/Sprite.svg#id_Post_Views_Icon)
355 Views
Post# 16794420
Pem Positive Points
Pem Positive PointsWith a $2.5M Drilling program on the horizon, I think it's safe to say they won't be drilling blinfolded. From recent drilling they have established their targets and are Extremely confident as to spend the $$.
Also,it would be a great idea to have the warrants exercised to lesson further dilution.
I would like to see Pem have enough $$ left after phase 3 to put BG into production and get some cash flow,but we'll see what happens.
As far as the next 3 holes,They may as well wait until next week,unless they are fantastic. [ not sure why they seem to be taking their time ].I think the Bigger story will be the updated resource which could be out before P-Dac.
Best to All
grantster44