this is why management own so many shares

While mapping out all the drilling so far, I've discovered 77 "new" intercepts. About half are from a "PACMAG" announcement in 2007 before PEN purchased the historical data from them. The others appear to have been revealed in error. On both 22 May 2008 and 19 Jan 2009, PEN published the "50 best mineralised areas", but the data published on 22 May only included 38 intercepts and there's no overlap with the 50 best mineralised areas announced Jan this year!

Top 3 Holes Reported By PACMAG in 2007:

SP-465R 12.5 feet @ 2430 ppm (GT of 3.04 % ft) This is massive, and now the best grade thickness we have to date.

SP-1R 31.5 feet @ 490 ppm (GT of 1.54 % ft) This is the largest intercept with between 9-10 metres of mineralisation at a pretty good ppm.

SP-603R 11.5 feet @ 1590 ppm (GT of 1.83 % ft)

See the rest of the data by clicking on the link below.

Much Clearer Picture of Why Management Are So Confident

We can probably now see the Ross, Emerson, Clark, Houx, Lucas, Kendrick, and Carey sites... and it's clearer than ever that the best results from the 2009 drilling program are probably still to come.

dt

PS. Trees - I took your suggestion and linked to google maps. Thanks. NYKLEX - 3D mapping would be cool, but a bit beyond my free time and abilities at the moment. :-)