PEX 0.00% 11.5¢ peel mining limited

St Barbara - maybe not interested in buying Peel, page-14

  1. 1,739 Posts.
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    Hi Nij
    I was referring to their earliest investment as well where they paid over the market price at about .22-24c when shares were trading around 18-20 and I’m reasonably sure they were buying on market tranches quite stealthily above that to build to their current level. No matter.

    Main thing is they have invested in great tenure with very long term mining history and as you say any more significant gold discoveries will help light a fire under the share price.

    If St Barb don’t up their holding as it would invoke a takeover obligation I’m sure there’s others keen to
    take advantage of such a huge fertile mining position and the amazing long term advantages, opportunities therein.

    Despite some uncalled for remarks on HC Rob deserves accolades encouragement for opening up Southern Nights and Wagga Tank as were previously overlooked by other so called “professionals”.
    Cheers gl to all...
    Sarg
 
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