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Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho

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Message: Re: The challenge for PEM
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Jun 01, 2011 02:57PM

It seem to make sense (as I have stated before on this board) that PEM focus on proving up one section at a time (i.e. Friday/Monday) and selling that off as the suitors arrive.

Ths is a potential mining district and there is just too much gold-bearing land to prove up in any time-frame that can be measured in less than 5 or more years.

Plus, I see a lot more shareholder value in selling off the sections as the gold resource gets "quantified." Therey could be four or five sections to sell over the next 5+ years.

Anyone else thinking like this?

- panamax

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