exciting time ahead, page-38

It's obvious that PEM directors only care about keeping their own jobs and big pay packets. They are too dumb to realise that the Chinese are on a buying spree picking up cheap mining assets from fools. Who would give away 50.1% of the PEM for just 23 cents/share, only our dumb directors.

China makes strategic use of commodity collapse
"By contrast, in metals, the government is just another customer. It wants to avoid a return to massive price rises, so it is investing in cheap assets abroad to ensure future supplies of ore. There are no illusions that holding metals in reserve could help dampen prices if demand picks up steam again."