PEK 0.00% 11.0¢ peak rare earths limited

peak to acquire 100% interest in ngualla rare , page-84

  1. 7,432 Posts.
    yes shady the separation news will be valuable.Not only if it's "proven" cheap
    but it may give some indication of 'pay dirt' reserves specifically of CREE's rather than "just" REE's in general.

    You have noted,shady that it is particularly CREE's [Critical Rare Earth Elements] that are 'exciting' more so than general REE's?
    It's CREE content that firesa the speculators buying in the various companies in the REE sector globally.

    My "browsing" showed PEK having neodymium at 16.6% of their REE's.Other CREE's dysprosium,europium,terbium and yttrium seemed negligible in PEK's deposit.Possibly caused by the low uranium/thorium levels?All too geological for me.

    Anyhow I know from small things Big thigs can grow and how negliglible traces can maybe still be mined,produced for profit but shady my chief interest in PEK is how the market perceives it in a 'hot sector'.

    and the absence of CREE's seems to be handicapping PEK maybe for new,keen investors long and even short term buyers now.

    IMHO PEK is losing it's gloss as a Trading Stock.
    That's affecting buying,maintaining/establishing Support levels of price and contributing to Sell pressure if/when any recovery commences.

    just an i reckon,an observation.

    happy investing,shady.
 
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