Looks like investors are starting to feel comfortable getting in at these bargain prices in PEM. With all the hype around IO latley (GRR FTW) the reasource sector has seen a nice (and long obver due imo) re-rating.
Now with lead zinc and copper on the rise it wont be long till PEM starts moving along. China's demand is just to epic, couple that with a what seems to be the US finding its feet and all PEM has to do is ramp its production back up. Which by the sounds of things from thier most recent presentation can happen very quickly (under a year).
I for one am very happily holding at average of 59c, and looking forward to quarterly! Imo quarterly will be begining of blue skies.
Worth a look, DYOR and speak to financial advisor.
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Looks like investors are starting to feel comfortable getting in...
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