Like your bullish attitude Merv but generally PEK has shown it does the big jumps on news.
Ive asked managment a couple of times about drilling after the wet. The African monsoon apparently is not like the Indian which you can set your watch by. It stops normally in the last bit of April or the first couple of weeks in May, in Tanzania anyway, I guess it varies around the continent. Their intention was to be ready to drill basically as soon as it was safe and practicable.
I imagine they will be well advanced organising rigs and supplies for the camps. They had also been looking for Geos whom I would imagine they may well have employed by now. There is no doubt in my mind as soon as is possible the guys will be back into Ngualla, they know more about whats there and as such are probobly even more excited than we are.
Ofcoarse I would like to see PEK back in the 90c+ range, but as I posted last night would be happy really to see it hit and hold in the mid 70s to mid 80s until the expectation of new drilling kicks in a few weeks from now.
I enjoy my PEK holding as much as I ever have but have become a bit more patient and less angsty as have riden a few ups and downs with the stock. Slowly getting my head around the potential of the company has made me a bit more relaxed about having still 80 percent plus in the one stock.
Have a good day and as Rameez i think said dont forget we may get news out of left feild re mineral benification or about one of our gold prospects at some stage so it wont necessarily be Apr/May till we hear anything new from PEK.
Tretch
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