PEX 0.00% 11.5¢ peel mining limited

St Barbara - maybe not interested in buying Peel, page-12

  1. 1,739 Posts.
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    Hi Roy and Nij
    So you guys are saying when St Barbara bought Peel on three separate occasions, all at higher prices, they didn’t understand or know what they were into, what the trend in our Au grades was, and the difference between Cu Zinc Pb Ag and their real true favourite good old Gold? Lol

    So tell me why did Bob Vassie openly say that their investment wasn’t a passive one.. because they thought we had no gold and just a load of useless old sausages?.
    Wagga Tank Fenceline and most other tenure produced good gold credits, sure not like Gwalia but in most cases common in averaging up gross mineralization value...
    My suggestion is that St Barbara is a skilled underground miner and can dig efficiently with mills at hand.

    Apart from Peels own Au at Apollo Hill regionally theres still a fair chance of a multi million ounce camp and like many contenders it will take further consistent drill effort and some luck to prove up as economic. But isn’t that why we and St Barb are here, because all chase the extra hidden treasure?

    Sarg is
 
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