I have never seen so many posts posted on PEM in such a short...

I have never seen so many posts posted on PEM in such a short space of time. Within 2 hrs there were 14 posts
and not one was negative .... hmmm.

PEM have always been very quick in putting out any announcements that are in any way positive, case in point were the
announcements and press releases re Strike Oil. They built this up like a beauty and in the end it was a total flop.

The other thing they built up was their Broken Hill project. They advised on a number of occasions that they would be
cash flow positive by the end of December 2002 quarter, to date there has been no hint of this being the case. If this
project is not cash flow positive very shortly you can forget about PEM going anywhere near $1, in fact you would be
lucky to get 40c.

Also there are still some keen sellers out there, try placing a large buy order in @ 51 or 52 and see how fast it gets filled.

PEM has potential, however I would be waiting for some positive results to come through.