open to the north of srez, page-6

Fellas
The end of Feb 2011 was the commencement of the slow decline in the PEK SP culminating in a low of approx 27 cents around Xmas time. There were several reasons for the decline but IMO was primarily a large gap before the next drilling results (toss in a few weather related delays) were to be released (no news) plus the poor state of world markets. (hocked up traders forced to sell)
This year it may well be quite different with PEK as after Indaba we will have plenty of news to flow (jorc). This news flow IMO will be real company making stuff as PEK has progressed in a huge way and IMO will continue to do so.
To date traders have influenced the PEK SP as no new major or cornerstone investor has entered the register YET.
Unless a major cornerstone investor enters the house of PEK we will still be very much at the mercy of world market sentiment and the traders who most of the time drive these markets.
BUT one thing the world markets and traders cant control is the current in ground resource and the fact that with further drilling it may well increase significantly during the latter part of 2012 and early 2013. As Timbo said this is very much open in all directions and more importantly at depth. Hang onto your hats if all goes well.