Hey guys, I've been sitting on the sidelines here for a while, since I didn't have much to add. No news meant nothing to bring to the table.

I would like to confirm what Primed is saying about cutoff grades.

With Gold at $1660 right now, PEM could lower its cutoff grade to 0.25g/t. The reason they keep it so high for now, is that gold is very volatile, and its much easier for investors to track PEM's growth when keeping the same cutoff grades.

While the stepouts surely have added significant ounces to the resource so far, they arent BIG grades, and i expect to see the share price to remain stable tomorow. This isn't an exciting news release, but as mentioned in the NR, it is consistent with the grades so far, so I like it.

Unfortunately, in a market like this, we would need stellar grades to move the shareprice. Unfortunately we will have to wait somewhat longer than we had hoped.

One thing is now 100% certain. PEM's strategy WORKS!
I have complete faith in PEM's geologists.

Goodluck,

Pitbul13