Great Article....PREMIER GOLD MINES (T-PG) $3.93 +0.20
We have written up Premier Gold Mines a couple of timesbecause there are more than a few thinking that it becomes
a takeover candidate in the New Year.
Today, despite the lower gold price, it hits new highs and
we caught up with President Ewan Downie at the ThunderBay airport. Why is it running, we ask? He answers that
there is a new research report out by Laurentian that hastaken a very good look at the company and dwells on the
fact that the company has as many as three potential company-
maker projects. Downie adds that Doug Casey is alsonow writing that the company is a takeover candidate, but
also Downie points out, the spectacular drilling results
they’ve had lately on their Hardrock project.
Downie expects them to be back at the Red Lake with
Goldcorp in the New Year with an aggressive program and
they should have five different projects being drilled early in
the New Year, giving them lots of news to be putting out.
The Laurentian report gave PG a $5.25 target and we are
owners of the stock and wouldn’t be surprised if that happened
owners of the stock and wouldn’t be surprised if that happened