PUA 25.0% 0.5¢ peak minerals limited

Absolutely it is not. Just the opposite.You should take the time...

  1. 13,580 Posts.
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    Absolutely it is not. Just the opposite.

    You should take the time to get to know the CEO and Senior Geologist. Dedicated. Thorough. Very smart and very informed re what they are looking at.

    The company is running on the smell of an oily rag in these early days. Be grateful, its why you haven't had to reach in your pocket.

    Another hole coming up that's being drilled at 50% government cost. Thanks to management.

    The Greenrocks prospect could (and has previously) had holes drilled in it till the cows come home. Waste of time and money. if you don't understand the Geology.

    Instead the ladies are drilling astutely, gathering further information, drilling a bit more and so on. You cant do that quickly and trying burns through the dollars for little gain.

    The Greenrocks deposit is like only two others in the world. I think their names are Eagle Bay (Canada) & Skittilla (Finland). Its taking time to work it out.

    In my view, all this time, effort, and intelligence means that some day before much longer we drill a diamond hole and hit bingo! If you cant wait for that, I wouldn't be invested here.


    As to the rock chips ...

    We also have some other highly prospective tenements in the Kimberley which they are progressing in between work at Green rocks. Narrowing down the highly prospective from the rubbish is where they are up to at the moment.

    Yendon in my view is just cash in the pocket for later. Its being prettied up to sell.

    ...


 
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