PEK 2.78% 18.5¢ peak rare earths limited

massive gains comming, page-60

  1. 5,541 Posts.
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    Over analysing i think guys!

    We were ridiculously oversold on light volume and any bounce from the low 40c's was always going to be a swift one with such a tight register, it was never going to be easy to get back in with any meaningful volume once she turned.

    Also with pressure on LYC and ARU due to recently announced delays I'm quite sure some holders will have recognised the huge upside in these early stages of our discovery and are positioning themselves accordingly.

    This was not a pump, Peak has often moved like she means business and in my view is only at the very early stage of her next re-rate, also we have just completed a share placement and now have funding at least through to our JORC resource.

    Congrats to all those who held their nerve last month and are now in a position to enjoy what should be a great drilling campaign with steady results from the lab.












 
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