peak to acquire 100% interest in ngualla rare , page-89

Thanks very much sji for clarifying/confirming the PEK position in the REE sector.

The REE sector is maturing from the Wild Cat days of any company finding even saying they were looking for REE with "good" prospects seemed to automatically sky rocket,be flavour of the month.
This phenomenon often occurs on various minerals especially in running,bull markets.
Eg we've had uranium,phosphate,iron ore [DSO finds espesh],always there's gold and diamonds even the ever wild cat Oil wannabees.

In fact my inital interest in PEK was their gunner search for phosphate "news" back at 20cents.I never follow Gold Companies,Copper yes with a Gold component but not pure Gold.

Anyhow I agree that PEK will not break out of $1 or even stay round 70cents until Good,Conclusive JORC results issue.I reckon all the retail speculators and long term holders are pretty much all filled up.Share Price appreciation requires solid proof of PEK's world class find and then Big,Deep Pocket buying,JV interest.

Announcing that PEK has access to cheap first instance extraction methods [called beatication or something,right?
or is that sainthood [lol]] would hopefully bring such pockets to the table and party.

anyway,the current market is not coming good next month September.Historically Sept/Oct are bad relatively even in Bull Markets and one only has to visit the XJO thread Zoomba Lounge to get the views of the more expert than I re Market Forecasting.

so i continue to watch.see no need to tie capital up in PEK in these troubled times.
Besides it may fill that bleeding lower gap yet!!!

cheers