Just got my resource share magazine today and happy to find PEK written up with a lot of verbal commentary from Al Hunter. Some main points;
1. Further drilling in 2012 for Northern Zone
2. Pre Feasibility to finish 2012
3. Fielding calls of interest from all continents but trying work out which parties are for real.
4. Looking for find a cornerstone investment partner ideally would also be an offtake partner for funding.
5. Willing to give away 19.9% for the right partner.
Looks good to me. As I said before good companies aren't vague with this stuff... they would already have a very good idea of potential partners and would be waiting of the JORC to confirm...I don't see partners waiting till pre feasibility for a massive resource like this. My feeling is that we are worth $1 right now ... $2 post JORC.
Don't know how the market will judge this is really under valued atm and we will definitely end up $1+ by the end of the year.
No Brainer.
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