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what's next with Premium?

taco1234
+37-0

It has been a month now since Premium anounced a private placment for $3 million at a quarter.

Premium has been fairly quiet and comments have been made that the private placement should be closed shortly.

Anyone have a feel if they will close the whole $3million or in part? Or are they planning on chnaging the terms of the warants to completely fill the private placement?

Are they going to start drilling before Christmas or wait until the new year?

Comments?

basket9
+149-10

Re: what's next with Premium?

I think it is more that the market can't figure out what is should really be worth. What are the costs implied with taking Friday into production. Buffalo is not much more than $10 million I have been told.

Friday is the game changer for this little one. 

 

cheerio mates

Whenindoubt
+683-75

Re: what's next with Premium?

It looks like a very typical head and shoulders pattern. The exact same thing happened a few months ago so I wouldn't be  surprised if we retreated another 5 to 10 cents. But  still the positive is that the  highs are higher and the lows are higher than a few months ago. It's a gradual price building process.

basket9
+149-10

Re: what's next with Premium?

The rise and current fall is very familar looking... Why does everyone turn and flee when gold is going up!!!!!

I`m constantly left shaking my head about this one mates - 

 

cheerio

basket9
+149-10

Re: what's next with Premium?

$10 or $15 million was the last guestimate. That would be a very positive step . How bout next time they surge up to 50 cents a deal is made!! I think a fine idea. Hope me thinks the Chinese might come in

cheerio mates! 

Whenindoubt
+683-75

Re: what's next with Premium?

This is how PEM has traded for years. Massive run ups and massive sell offs. It's a very fickle shareholder base but eventually will pay off. I'm curious to see how much money they'll be looking ot finance next. It wouldn't take much for them to get into production.

basket9
+149-10

Re: PEM IS BRINGING IN THE CHINESE!!!!

Chinese investors come out come out wherever you be!!!

take PEM to the promised land!!

 

cheerio mates = surely good news awaits!

basket9
+149-10

Re: PEM IS BRINGING IN THE CHINESE!!!!

Funny to see PEM drop today on a day gold went for a ride! Finally as a matter of fact. Big volume small move. 

Time to step up chinese investors. 

basket9
+149-10

Re: PEM IS BRINGING IN THE CHINESE!!!!

Will PEM be bringing in the Chinese as a JV partner, Finance partner? These gents have finance experience and that is what the Chinese can offer. Hopefully we pay them in gold and not in shares..something to think bout at least. cheerio mates

basket9
+149-10

Re: PEM IS BRINGING IN THE CHINESE!!!!

More good press for the little Premium !

 A northern miner article.

http://www.premiumexploration.com/wp-content/uploads/2008/05/nm-article-...

 

 

basket9
+149-10

Re: PEM IS BRINGING IN THE CHINESE!!!!

PEM IS BRINGING IN THE CHINESE!!!!

 

HOW CAN THAT NOT BE A GOOD THING.. STOCK IS DUE TO POP AGAIN ME MIND TELLS ME..

 

CHEERIO

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