PEN 8.62% 6.3¢ peninsula energy limited

average at best

  1. 13,252 Posts.
    While good depths I think you guys should really have a look at what they call high grade its not really that good. I would only call really high grade continous readings of 1200ppm+ to much around 200ppm and below which considered cut off. Most mines with this sort of results have additional metals that are mined with it to make this grade viable. I know I will be bagged and others will trot out figures but in the end these grades at this depth are not that good. The best hope is they drill and find better intersections which I am sure they are hoping for.
 
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