Upcoming news releases in next couple of months should include: details of the Airborne Geophysics survey which preliminarilly show a footprint of likely gold deposits stretching 28km long; the final 5 drill results from Phase 3 drill program; details on upcoming NI 43-101 study for the Friday Petsite; Phase 4 drill plan for 2011 (with doubling the # of drills); possible disposition of the Montana property; re-assay results of a high grade core sample; and more. The last 2 drill assays were good ones; they continue a 100% drill success rate; management believes the upcoming (Feb/March, 2011) 43-101 resource infered results will double the existing 550,000 ounces; has said that the Friday could result in a few million ounces; has reported that they hit on a new deposit on the Monday fault a short distance to the west of the Friday fault.

I was told that we "could" (as in maybe) be getting some big news with possible big implecations this coming week. And, more news possible in early January. However, don't know if the news will be bad or good. Given the growing PEM story so far I would think that they can only be adding ounces in the short, medium and long term, in my humble opinion. I don't expect perfection, but I do sense good things continue to lie ahead, on average. Hoping that this week's news (if any) is "good." We shall see. From what is known so far, PEM's ounces in the ground at the Friday Petsite, on only about 6% of the Orogrande Shear Zone controlled by PEM, continues to grow. In 2011 they will double the number of drills on the OSZ. It is looking increasingly like 2011 could be a HUGE year for PEM and us.

For a little humor, here are a couple of new cartoon videos about Premium.

On 11/24 at 9:45 EST on the TSX exchange PEM (and PMMEF) had an astounding 29 buy orders pending for about 275,500 shares which were bid lower than the ask price. The orders to sell were a paultry 6 with 34,000 shares up for sale at a ask price higher than the bidders. Although this changes through out a day and from day to day, it says that the stock is being sought by far more than those willing to sell. Yet, almost all sellers do not know this. If they did, they'd raise their asking price. As of the moment, the demand for PEM (PMMEF) shares is far greater than supply. Institutional buyers have been steadilly accumulating shares quietly a few thousand at a time, hour after hour, day after day, week after week, month after month. Several have over 1 million to 8 million shares with famous Eric Sprott now having close to 7 million shares.

At the Friday Petsite portion of Premium's OSZ land holding they have hit 100% on all drill tests so far. (Industry average is close to 70%). They keep expanding the width, depth and length at both ends with continuous results. Upcoming final drill results for the 2010 drill program should put them "over the top" of goals and expectations. In Feb & March the NI43-101 independent report should prove out all of what they have been finding and having independently tested-reported back to them. Share "value" for just the Friday Petsite portion of Premium's property (4% of the land) has been estimated to probably be somewhere between $2.00 to $3.00, by some. Could be less or more. Too early to tell. Premium has stated in a video that they would then sell this site to a "major" in exchange for a "fat check for the shareholders." If so, would additionally also expect a royalty for every ounce mined. On You tube, under "Premium Exploration" there are a couple of new cartoon videos in the list of PMMEF videos. A little reality with a little humor. Good luck to us all. Happy Thanksgiving.

I'm new to this BB and wanted to share what I was told yesterday (10/20) by Premium Ex. . .

Expecting drill results next week; on the Friday Petsite portion of holdings they have not yet found where the gold mineralization ends in neither width no length; the company is planning to add 1 or 2 more drills to the existing 2; The Deadwood location may be the next focus and appears to be "unbelievable; The top 10 share holders are continuing to accumulate shares; Premium's staff are exuberant and working 7 days a week. They want to drill, drill, drill, drill. Theey recently expanded their land holdings by 3x and the airborne survey has been a huge success. They now control what is expected to become the next big gold mining district in the U.S. Lots of institutional interest continues to surface. Hope this helps.