PEX 0.00% 11.5¢ peel mining limited

Management, page-10

  1. 26 Posts.
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    Hi @Sarg, Is it downramping or just frustration?

    Is it Copperbulls job to tell the world about the exceptional find of PEX?

    The question I want to ask is who are PEX telling about the discovery? There certainly aren't many people lining up to buy? The share price is languishing and if you can't see that your positivity is clouding your judgement. I think you need to start asking these same questions yourself?

    You love a horse racing metaphor and have compared PEX with Winx, the question i ask is why are you happy with Winx running in a midweek event at Tamworth, because that is where I currently see us sitting.

    I understand they are busy but at what point do you ask for assistance? There is no shame in asking for help. I find it incomprehensible that we have had 1 announcement since drilling recommenced in January, with the majority of those results being from before the Christmas break as the announcement mentioned that the majority of 2018 drilling was still outstanding. With the results that we have received there is only one reason why the price is down 26% from its high of 86c and that is because there is no communication from the company. Shareholders patience is being tested, mine included?

    Where are the results from almost 3 months of drilling with several rigs? To add to that on the 22 February it was announced that drilling was underway at Wirlong? Where are the results? If nothing was found hide it in the announcement on the 22 March like the 142m at 7% Zn 3% Pb at SN was hidden? That result should have been plastered across billboards (yes I understand that smaller intervals had been announced prior but I think when the above was confirmed it should have been reaffirmed with a certain amount of fanfare)

    Further to this where are the results of the infil drilling at Silver Ray from last year after the last delay. I don't recall seeing them? I'm sure they are similar to the other results...announce them.

    Mining companies in general try to pump up the most average results. PEX on the other hand appear to keep them wrapped for very few to see and I just don't understand it?

    To finish off, I appreciate the hard work being done and I'm grateful for the results so far. I just don't think we are being updated as regularly as we should and no excuse should be accepted. There is no reason why we shouldn't be getting weekly updates.

    PEX need to be doing it better, the man currently at the helm is the only one in a position to do so. As I previously said there is no shame in asking for help, I implore you to do so.
    Last edited by apt138: 05/04/18
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