PEM just dropped 35%.... on what?
Before the ann they had 100% of Mt Oxide...
After the ann they had 75% of Mt Oxide and 75% of $10M Cash...
How does that work out that PEM is now worth 35% less?
At 20c, PEM now has a cap of around $40M.... That $40M includes $22M in CHN shares....
PEM now has a value of around $18M (not including Mt Oxide)... including its cash and assets.
More of a bargin than ever......
you guys have no idea, page-3
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