Al and Del, I appreciate the extra-effort both of you put into this update.

Yes, Thanks for this report. Very useful and informative.

Company sounds very focused and on track for a discovery.

Al and Del Thank you both for this update and thank you Del for answering my questions. The question about not drilling more in the northern part of Friday ,since the grade is better was not mentioned and if possible Al ,can you have Del comment on this ??

Thank you

Michael

Many thanks Al & Del.

Morning John W, Cecil, Michael and Clark,

That is what we are all about. Giving you all the information that we possibly can.

Can anyone guess why Del and Ellie are such good friends of ours?

Big Al

Great interview guys, answered my question and many other retail concerns for the future…have a great Thanksgiving and wishing crew a safe remainder to the drilling season.

Something that would be of interest to shareholders is FUTURE assay reporting, greater involvement by additional reputable labs if possible? With drilling coming to a close in the great white north it could be a great time to be checking on possible labs with openings for the following season to help bring more timely results to Pem so Mike doesn’t have to scour the woods with a flash light looking for possible drilling locations.

Many thanks to the both of you.

Come on DelBoy (and english TV viewers will understand the humor in using that name)
don’t try a con. (Thanks for trying to prop up the price by redemption though)

One purchase versus multiple insider sales is indeed public record. Do you think we are too stupid not to look up the record?
ug 30/11 Aug 22/11 Maxwell, Lisa Diane Direct Ownership Common Shares 10 – Disposition in the public market -15,000
Aug 30/11 Aug 22/11 Maxwell, Lisa Diane Direct Ownership Common Shares 10 – Disposition in the public market -11,000
Aug 30/11 Aug 22/11 Maxwell, Lisa Diane Direct Ownership Common Shares 10 – Disposition in the public market -1,000
Aug 30/11 Aug 22/11 Maxwell, Lisa Diane Direct Ownership Common Shares 10 – Disposition in the public market -8,000
Jul 26/11 Jul 18/11 Steiner, Delbert W. Direct Ownership Common Shares 38 – Redemption, retraction, cancellation, repurchase -94,000
Jul 11/11 Jul 8/11 Ostenson, Michael Direct Ownership Common Shares 10 – Acquisition in the public market 10,000 $0.380

Aug 22/11 Jun 3/11 Steiner, Delbert W. Direct Ownership Common Shares 10 – Disposition in the public market -5,000 $0.529

Aug 22/11 Jun 3/11 Steiner, Delbert W. Direct Ownership Common Shares 10 – Disposition in the public market -4,000 $0.539

Aug 22/11 Jun 2/11 Steiner, Delbert W. Direct Ownership Common Shares 10 – Disposition in the public market -20,000 $0.559

Aug 22/11 Jun 2/11 Steiner, Delbert W. Direct Ownership Common Shares 10 – Disposition in the public market -4,000 $0.538

I am completely baffled by PEM,s lack of initiative to resolve the assay of core samples. This problem renders there ndrilling activities fruitless. Laboratories that are capable to perform this work do not perform black magic – it is a teachable honorable profession. there must be at least one suitable university in the Idaho and surrounding states that teach the things that are needed to do this work. They are a source of knowlege and personnel to establish a new, local laboratory. Pem can provide the assurance of materials to supply the endeavour with guaranteed financing for paying for the service. Financing should come from local sources and separate from PEM to assure independence. Whatever is required to gain certification etc should/could be established during the building and equipping operation. I would like to hear of some activity to make the drilling program viable – that after all is what PEM is supposed to be about. What do you think???? Bill Jackson

Hi Al
PEM is starting to smell like a dead fish.The shares are falling still to new lows.I must say this is no longer a question of market conditions but now with the new financing rests at the hands of management during a fallig stock price in tax loss season.Why any one would even mention a new financing at this time for PEM is calling into question the credibility of management and its ability to manage in the current times.I must say I have been wondering why the share price would keep falling.I suspect the answer is a lower share price issue even less than the crrrent 17.5 cents.This is a shame.

James Flannigan