Assays Depth Extending, page-34

Peel i have to admit is one of the most enigmatic stocks i have ever owned. I can understand some reluctance for the market to fully engage until the resource picture is becomes clear. But i would have thought that surely with the amount of results currently at hand it would by now have started to seriously move. The high grade zone is now increasing in size with each hole drilled into it. According to the analyst It is becoming increasingly clear that this zone is rich enough to pay for mining development of the whole operation. That is reminiscent of how Sandfire started mining at Degrussa. But given all that, there is still hesitation.  

Maybe this is the new normal. Maybe the market is not going to value the stock until verifiable numbers are at hand ?

The newsletter guy in question was i believe at the company BBQ on Wednesday. Did you attend this year Sarg. You may have bumped into him ?

I also note he does not declare any holding in Peel - interesting