PEM: Current Levels Attractive

What Is Chen Buying? (06/07/2010)
"Today I initiated a starter position in Premium Exploration Inc. at 32c CAD. It is a wildcard that looks like breaking out recently on huge volume. This stock is super volatile. It recently raised money at 30c and knocked stock down. It looks like a lot of buyers at the current stock price. I am holding mostly producers or companies getting into production. However, I do buy some explorers when gold is breaking out, like we are now.

It looks like gold will try to break out the old high of $1,250 range, could happen in the next 24 hours. I want to position my portfolio in case this happens."

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