TSXV:PEM.P - Post by User
Post by
prospector7on Jul 16, 2009 9:09am
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Post# 16141871
CORE SAMPLES
CORE SAMPLESThe way this play has gone is very evident that something is very good.
#1 is the team has in place believe in the claims PEM hold including Chrome Mnt.
#2 they invited people including me down to see those that first hole that was drilled
when that first hole was drilled and the core pulled I'm sure they took that core right to the lab after they did the old in the field test to make sure the core contained gold.
Then we heard that a major was on site
This stock really has never dropped to much since the weak hands have been shaken out.
The way PEM has been holding and moving up must mean the results are out from that first core sample and PEM is writing up the NR with those results or waiting for the other results to come in before doing the NR because the stock is doing well on it's own.
Awhile ago I posted I like stocks that have 50 mil shares outstanding or less PEM is a prime example Managment owns around 23% of PEM and there is other houses that hold a lot of shares and believe in PEM along with a lot of us. There isn't that many shares out there that is going to be sold at this point and we all have to like that because it can only mean that the SP of PEM is going to go higher is a given, the mac D looks great. GLTYA
Don't forget the PP was oversold managment bought 22% and one house bought 1mil shares