Penbar Capital Ltd V.PEM

Prospector7 take on PEM

[prospector7]

When you own a Junior you act like a junior and follow the plan. Let the big boys in and they help you develope the claim so they have a stake in it. Del had a lot of offers and turned them down, he told me that personally when I said you have had at least 7 offers his reply about 2 years ago was you have no idea I have had more that 7 offers. So Del has upset a lot of major players. He then went for that deal in Toronto that got PEM around 10 mil$ This is when they should have done more in fills to get the numbers up. But they went for proving up on the width and length, more claims and buying milling site etc, This is crazy for a Junior to think they can prove up and become a mine, this business dosen't work this way because you upset the big boys and they have the $ for something like PEM and know the business of mining Dundee are bankers not miners period, even they got upset. One thing I have always watched for is infills a no brainer in this game. Then along comes one of the last chances is Osisco Im sure they said ok Del here is some loot go drill 8000 ft. and here is where our Geos want you to drill period. Do that and then we will see what this does for a few $$ Osisco will see the results and know those results of those infills before everyone else. During the bank run of Dundee there was to much leaking going on, in todays world you can't have that and Osisco knows that. So we need to be patient one more time and see what those infill holes come up with. P7