PEX 8.00% 13.5¢ peel mining limited

on the move, page-18

  1. 13,316 Posts.
    lightbulb Created with Sketch. 168
    Good headline for Mondays announcement.

    "We have hit the motherlode"

    From risk reward perspective this is great stock to be in as my research and conversations with the company have confirmed.

    The deeper drilling has been about confirming what lies beneath to have driven those amazing results at higher levels ie. butchers dog mother lode!

    This is why they have held off on capital raisings on past good announcements, as no immediate need for cash and confidence of finding the mother lode to raise at much higher prices if and when further funding is required.
 
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