PEX 4.17% 11.5¢ peel mining limited

Storm Brewing

  1. 1,739 Posts.
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    Hi Esh Nij and All

    Regis have recently made noises that the junior gold sector is on the radar. M&A action looks like a good manner to bolster success for companies mutual benefits.

    Within our own circle anticipated action IMHO 

    looks imminent with catalysts such as; 

    Mallee Bull PFS = Added Value to JV Partners

    Saturn Resource Upgrade = Added Cap value via our 36% share. Saturn sp indicating +ve’s.

    Capital Raised to bolster gross base metals tonnage and improve the Cu Au at Wagga Tank Southern Nights, Fenceline, The Bird, and maybe Boolabone included so... 

    The excitement for me being the area at and about the Southern Nights conductor plate as was missed several times due to the drill deviation. 

    Wirlong is to be clarified but I’d say there’s more than enough exceptionally good prior spots to drill and new ones to propel our case as even more attractive, to those about to make major decisions of part or total acquisitions.

    Given the conservative careful approach to the engineering and wire log work of the latterly redrilled T1 Silver Ray and Mallee Bull in a more

    in-globo sense, and the excellent hit of 11m @ 9% Cu we must be much nearer to a compelling case to dig and get some handy cash flowing. 

    Best to all and to the patient ones deserving of this build from our past exploratory success. 

    Who knows Esh there may be more 1000 pounder gorillas out there to ambush when least expected!.

    Regards 

    Sarg 

     

     

 
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