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Big Al responds to comments regarding Premium Exploration

Big Al
November 17, 2011

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Discussion
10 Comments
    Nov 17, 2011 17:35 PM

    Al, I think it’s great that Del will give us an update. The stock is very near a 52-week low and all the great reports we keep hearing from the company only seem to push the price lower and lower. Please have Del spend more time talking about the business side of the company which is where, I believe, the price performance problems are. Specific discussion about his and other insiders selling and the issuance of stock options and/or warrants which serve to dilute the stock badly would be appreciated greatly. I’m sure I have a lot of company among your loyal listeners when I say this is the worst performing stock in my portfolio.

      Nov 18, 2011 18:54 AM

      Morning Clark,

      I will for sure.

      Big Al

    Max
    Nov 17, 2011 17:29 PM

    Al, can you ask Del where the drill is currently on the Friday Petsite property? It was not shown on the maps released today. This means that in roughly 1-2 months, no holes have been drilled on the FP.

    Also, the NR from today and the one from last month both say that: ”Deadwood Zone: A total of 5,917.9m of drilling have been completed in 9 drill-holes. ”
    Why has nothing changed in the last month? Did they stop drilling for the winter?

    As always, thanks and keep up the good work in keeping us well informed, Al!

      Nov 18, 2011 18:55 AM

      Morning Max,

      As I promised Clark above, I will bring these questions up to Del.

      Big Al

    Nov 17, 2011 17:47 PM

    Please ask Dell why he thinks the stock is not performing well when all we hear on this show is seemingly good news.
    also,
    How much cash is in the bank and has their been any insider selling?

      Nov 18, 2011 18:56 AM

      Hi Allen,

      Done.

      Big Al

    Nov 17, 2011 17:54 PM

    Hi Al , Here are some of my questions.
    There are 7 million dollars in warrants at stake here expiring Dec 17, Has Del been speaking to the holders asking if they will be purchase them ? What is plan B if they don’t get exercised ? Would DEl go for extending the expiring date ? I think the market is telling us that another PP is coming at ridiculous prices and I don’t think shareholders could stand for another PP.Del needs to clear this up..Why are they not drilling more holes to the north at Friday since the grades were better ?? Why did Del not just focus at Friday and Monday zones ?increase gold reserves ,increase Share price ,raise a lot
    Of money at higher prices , and then explore at DeadWood .Are the drills still turning now and where ? Is this lab problem being fixed ? When does del expect Deadwood results ??

    Thank you

    Mike

      Nov 18, 2011 18:57 AM

      Morning Mike,

      I will as I promised Allen, Max and Clark above.

      Thanks for the questions,

      Big Al

    Nov 17, 2011 17:06 PM

    Hi Al ,It looks like the 9 holes at Deadwood were drilled 600 meters long…why ??
    Are the favorable rock zones that long ? 20 meters long ?? 100 meters long ??
    Visually , is Deadwood better ??

    Thank you

    Mike

    Nov 18, 2011 18:58 AM

    Hi Michael,

    I will ask Del to address you questions also.

    Thanks for your input,

    Big Al