Re: Premium, Your One Stop Resource Store
posted on
Aug 16, 2010 12:22PM
Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho
I have to throw my hat into the "sell off the blocks" ring. In fact, I said as much in a July 26th post. To wit -
"What a brilliant strategy. Prove up a section - sell it a a producer - move on to the next section. Repeat the process as you work down the whole shear.
Mucho dinero"
You are correct. 28 km is a long parcel of land. That could turn into several multi-million ounce mines if it continues to show the gold we have seen thus far.
If it works out like that I would guess that the price of PEM in 3 years would be measured in dollars.
- panamax