PEX 0.00% 11.5¢ peel mining limited

Hi Nij We all prefer to get rich yesterday and strike whilst the...

  1. 1,739 Posts.
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    Hi Nij

    We all prefer to get rich yesterday and strike whilst the iron is hot so to speak, but the interesting and positive aspects remain the great diversity of minerals ergo “some may be up or down price wise at any given time” however the low AUD and safe jurisdiction in Oz always beats the risk associated of rock kicking in countries where the rule book is governed by dodgy greedy oligarchs, dictators or state run companies. We should be very grateful that major shareholders aren’t share printers, spendthrifts, and always keep an eye on whom they welcome onto the share register.
    As I’ve said a bit of reasoned patience is a virtue and the results cone what may from such a rich well serviced traditional mining locatiin will ultimately serve us well. Esh is correct it’s a tough gig at times but consider and remember mining has been successful around Cobar for well over 100 years so what’s a year when we sit on a gold, silver, copper, lead, zinc, bonanza, a matrix of metals in an ever growing tonnage scenario?
    It has surprised many here in WA of late that as China slows the big boys are now massively ramping up iron ore projects, why?
    Because high grade quality is in demand and trade tariffs eventually fail and things get back to a better balanced status.
    Copper etc is to boom as cars, green power plumbing batteries and so on demand our raw material inputs.
    So stand by to be informed and let’s see what’s concurrently running hot as there’s a fair likelihood we shall have the product and great grade to satisfy various industries demands.
    Cheers to all
    Sarg
 
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