posted on
Oct 17, 2011 09:33PM
Welcome To The Premium Exploration Inc HUB On AGORACOM
Ultimately Developing a District with Multiple Near-Surface Gold Resources along the +30 km Property in Idaho
Message: Jay Taylor; PEM target price $1
Bullrush is right. That is a comment that is very old. It dates back to 2009. http://www.miningstocks.com/archive/documents/newsletter-2009-08.pdf
This is Jay's most recent comment on PEM' which i had posted here back in May:
Jay Taylor, in the May 20, 2011, edition of Gold, Energy & Tech Stocks, tells readers to buy Premium Exploration Inc., recently 54 cents. Mr. Taylor first said buy on July 15, 2008, at 27 cents. He then said sell on Oct. 16, 2008, at 18.5 cents. Assuming a $1,000 investment at 27 cents, selling at 18.5 cents would have yielded a loss of $334. Mr. Taylor added the stock back to his buy list on June 19, 2009, at 23 cents, and he recommended the explorer again on Jan. 15, 2010, at 60 cents. Assuming a $1,000 investment for each of the two new buys, the $2,000 investment is now worth $3,248. Mr. Taylor is optimistic about the company's prospects in Idaho, where it holds claims covering a 30-kilometre-long north-south gold-bearing trend. According to a compliant resource estimate, there are 1.2 million ounces of gold contained in an open-pittable area measuring one kilometre by 125 metres. The newsletter writer expects the resource estimate to increase to two million within 12 months and then to three million shortly afterward. He says the Idaho claims could hold over 10 million ounces of gold. The gold bug also notes that because of the current gold bull run, there is little downside risk to Premium.
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