PEX 0.00% 11.5¢ peel mining limited

Capital raising play, page-12

  1. 1,739 Posts.
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    Hi Nij

    I’d not entirely disagree mate and Ive said in the past more regular reporting is good, but also suggested we ain’t BHP (with extra geo staff who may do more to assist) and any bargain hunters may have been conservative because some hot copper headliner has “assumed and suggested” a capital raising is likely imminent, due sometime soon?
    So logically until we know at what price this may occur or if indeed it’s now necessary then people are typically stand offish to invest much above such figure.
    I suggest most geologists like to review and so interpret results before reporting so they can answer queries in a professional manner and as Rob has a thorough approach I’d say he’s not one to be inclined to put out half baked statements regarding the outcome of field work.
    Patience is sometimes and more often than not needed in this industry for best end rewards.
    Sarg
 
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