G'day Sarg. Mate thankyou for taking the time to sit down and...

G'day Sarg.

Mate thankyou for taking the time to sit down and share that with me. Very generous of you.

As an amateur investor since 1998 and having learned so many hard and expensive lessons along the way, I am pleased that I now generally speaking earn good money on the ASX.

I look to identify companies where I can conservatively double my coin every 3 years. I mostly set and forget. I can only do this when I am comfortable with my investment. Management, team, ground and initial drilling results, geo political risk etc.

Pex appears to have all the right boxes ticked so far. Some of the drill results to date are absolutely spectacular. Yes there's a bit going on in the world at the moment but still, the heads look undervalued to me.

So the collective have their reasons. I wonder what they are? An imminent CR and dilution? Management directional concerns? Poor marketing? I don't know so I will try to make the time to read through managements announcements over the last couple of years and cross check those with the SP reaction and feedback on the HC thread from punters and observers. Maybe that will help.

I am leaning towards yes on punting more coin on Pex for sure mate. The drill results are so exciting. I am not aware of another company on the ASX drilling similar grades.

But if management have all the enthusiasm in the world but don't set a clear and achievable and profitable path for investors, the SP will continue to spike post drill results and trough year after year.

Thanks again Sarg for your valuable time and input and thanks also to all the other HC posters.

GLTA holders.

Tradewyns.