PEX 0.00% 11.5¢ peel mining limited

Ann: Quarterly Activities Report, page-24

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  1. 47 Posts.
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    @Nijiman, yes I agree that the term "Tier 1" is a bit grey. Orebodies like Tropicana, Nova Bollinger, De Grussa, Cadia, Jundee are in my opinion "tier 1". I think a company that discovers and then proves a tier 1 orebody should see a tenfold increase in their market capitalisation based on share price appreciation (not printing more shares). That would put the PEX share price at about $2.10
 
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