They have broken through to actual coal seam which has been laboriuosly long time to get there.
I came back from NZ last month and spoke to a few guys over there mainly in OIL.
They seem to think Pike will develop into a big long term producer.
When you get a chance go to their website... looks exciting...but dont look for double your money in 6 months.
I Like it as a medium term prospect.
Heaps of short term wins floating around at the moment though
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