PEX 0.00% 11.5¢ peel mining limited

high-grade zinc discovery confirmed: 21m @ 31.02% Zn, 12.05% Pb, 258 g/t Ag, 1.43 g/t Au, page-40

  1. 2,689 Posts.
    lightbulb Created with Sketch. 39
    "I’m here as I’ve said for dollars not just cents, & Acorn and Platypus Funds respectively will (as Mickey is pleased to agree) will have missed the boat in their haste to play silly short games. "

    Yes, patience is transfer wealth from inpatient to patient investors. Thank you Acorn & Platypus.

    Anyway, I'm predicting and foreseeing copper is will in massive deficit by 2020 with:

    1) Raising of electric cars and global demands, and
    2) Due to low copper prices for many years, many companies stop spending on explorations and large copper miners are mining lower and lower grades.


    I wouldn't surprise to see copper price move above US$5/lb. At moment, I'm adding more into high grade copper explorers (including PEX) before the next raise in copper prices in 2020. I already predicted zinc price to rocket when it was trading at US$0.80/lb (now US$1.45/lb) and got in at bottom prices.

    One of our investor Resource Capital I heard (not 100% sure) they raised US$2.7 billion to invest mainly in Australia with high grade copper.

    Just IMHO
 
watchlist Created with Sketch. Add PEX (ASX) to my watchlist
(20min delay)
Last
11.5¢
Change
0.000(0.00%)
Mkt cap ! $63.91M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 89603 11.5¢
 

Sellers (Offers)

Price($) Vol. No.
12.0¢ 118500 3
View Market Depth
Last trade - 10.06am 04/12/2024 (20 minute delay) ?
PEX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.