PEX 4.17% 11.5¢ peel mining limited

depth, page-33

  1. 1,739 Posts.
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    Hi Flawless

    Agree with you sentiment, with 36% of Saturn ergo 180,000 Oz equivalent and growing, and good gold at Wagga, Fenceline, Southern Nights and Mallee Bull etc these credits after extracting all the base metals and high grade silver are really going to add up.

    From our high of .86c we are a bargain for the taking now and nothing has changed, with Robs original plan to grow several significant projects.

    He mentioned many explorers have no resource, or just one main project to drill and often just one or two minerals to focus on.
    Diversification we certainly can prove... so;
    I’d say St Barb or Japanese interests will be the main contenders, but mining never ceases to surprise.
    A bid could come from any number of cashed up majors with an eye on an “easy start up” with the M & A scene lately being a whole lot livelier!!.

    Keep the powder dry fellas!!.
    Sarg
 
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