PEX 0.00% 11.5¢ peel mining limited

Ann: Quarterly Activities Report, page-17

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  1. 3,010 Posts.
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    I'm pretty happy with what I read and will continue to be so if Rob and team deliver on goals for March quarter.

    (1) Drilling to continue at SN/WT with the view to define a resource by 30 June 2019 (5 mths)
    (2) JV Decision on MB in March quarter
    (3) $6.4m cash in the bank at 31 Dec - not sure why some are complaining about small amounts of money being spent on other prospects
    (4) A reminder that they drilled 40% zinc last quarter
    (5) 1+km of strike along WT/SN
    (6) Plenty of blue sky potential with possible mineralisation from WT/SN to The Bird/Fenceline

    Plenty to like and fairly confident we won't be seeing a share price with a 3 in front of it again - unless its $3.00 (lol).
 
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