Fang, how long were you in PEL ? "Things" have been brewing for some time. Company has had a few irons in the fire but Romblon is the one Management have picked to push. It has been a long journey and year by year the hoops that the Phillipinos have produced one slowly after the other, Company has jumped through.The main licence was issued end of last year. As far as I understand, there are no more hoops left. "We" just have to get organised! There was a mention of drilling prior to "digging". And that might be what your broker refers to. We have a good idea what's in the previously drilled area. I expect drilling to go outside that area and then there is a good chance that there is more in the ground then first thought. Maybe Chuck can enlighten us to the objective of the mentioned drilling. There is also the issue of getting the locals onside and "onboard" before we dig their backyard up ! "Slowly make haste" All IMO and DYOR
PEL Price at posting:
14.0¢ Sentiment: Hold Disclosure: Held