PEX 0.00% 11.5¢ peel mining limited

Ann: THICK HIGH-GRADE DRILL HITS CONTINUE AT SOUTHERN NIGHTS, page-15

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  1. 173 Posts.
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    A week or so to filter through? Major announcements in the past have had an instant impact such as T1 at Mallee Bull or the first round of results from the Southern Nights resource drill out. I expect that this stream of announcements will continue but take note of the dud holes and the continuity of intercepts below 0 RL.

    I certainly take some time now to analyse results looking at each drill hole using the supplied cross sections. Peel do a good job with their announcements but I am wary of Southern Nights announcments after the release and continual use of some intercepts that were drilled down lenses rather than across them. Peel are spending the money on orientated core and you would expect that their site staff would complete mandatory daily cross sections for logged core, so why cant Peel supply a true width for each drill hole and not the generic estimate??

 
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