I have emailed Ian Pringle from Geopacific (GPR) re. Raki Raki where Pen has a 50% stakehold - we should be expecting news relatively soon based on the below:
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Yes to all. RR is looking good with some broad zones of veining/gold intersected in last holes. We just completed a ground magnetics survey which looks great with large bullseye untested anomaly and soil sampling which we are waiting results on very soon.
Market hasn’t helped our share price but my expectation is that this will change as we get more encouraging news.
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I guess alot of this was in their Quarterly activities and cashflow report, but it's good to hear it from the horses mouth.
I see Pen being interesting with Raki Raki in the short term and Wyoming and other prospect in the mid term.
All of the above will be cash cows for PEN IMO...
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