Premier Development & Investment Inc. Stock Analysis PDIV

Premier Development & Investment, Inc. engages in the acquisition and exploration of mineral properties in New Mexico. The company is headquartered in Las Vegas, Nevada and currently employs 26 full-time employees. The company went IPO on 2005-07-28. The company is engaged in lithium exploration interests in Nevada. These include lithium and uranium exploration in Nevada through Silverpeak, Stonewall Flat and Hombre encompassing over 3,800 acres. These are operated through USA Lithium Holdings Corporation. The company has interests in rare earth minerals exploration in New Mexico; Gallinas Mountains, All American, Sky High, Rare Metals American, Iron Lamp and M&E Pride. The Gallinas property consists of six unpatented lode mining claims. The Boneekay property consists of two unpatented lode mining claims. The company has an option agreement with Placer Petroleum Co., LLC to acquire the option to purchase the working interests and royalties in eight wells located in Pittsburg County, Oklahoma. Its subsidiaries are Premier Equity Investments, Inc., Premier Futures, Inc. and others.