PEX

7.69%

14.0¢ peel mining limited

Ann: Exceptional Zinc-Rich Discovery at Wagga Tank, page-38

First 38 Last

Share
Profile

Follow
horsingaround

172 Posts.

19/10/17

23:18

Post #: 28048941
Share

Originally posted by WCJ ↑

The big thing I noticed today was the absence of chatter on the Day Trading forum, Short Term Trading forum and even twitter which really surprises me . That is really encouraging as it is more likely those buying in today realise the magnitude of those results and are getting set for the Medium-Long Term. That potentially bodes well for the near term as outlined below.

For comparison Malle Bull Results from June 2015, and associated chart:

View attachment 782577 View attachment 782571

Note this was 4 holes out of 20 for those results on a much better refined target prior to commencement of drilling.

Now todays announcement and chart:

View attachment 782580 View attachment 782574

Note this is 2 out of 4 holes based on the back of the initial discovery hole and hasn't run as hard. Also note zinc price in 2015 was $1USD per pound where it is currently $1.45USD per pound, some 45% higher. If you throw in the zinc inventories for comparison over the same time period it certainly paints a rosy picture.

View attachment 782607

Still plenty more detail required with continuity being key, however if it was a certainty it would priced as such. We are definitely off to a flyer and I am very happy to hang around and see how this pans out. Note you're a long term holder so the following comments from todays announcement hopefully alleviates some of your anxiety!

"The tenor of mineralisation discovered at Southern Nights ranks as the best zinc-lead-silver mineralisation encountered to date by Peel, and subject to assays, possibly the best intercept encountered since the Company’s inception. Accordingly, Wagga Tank/Southern Nights will receive priority attention over the coming weeks/months, with drilling continuing at the time of reporting".

Expand

Thanks WCJ
I really appreciated your analysis.
Very excited to see the suggestion and evidence that there was limited day trading activity.
We should see another strong day tomorrow.

PEX Price at posting: 34.5¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

Reply

Top Stories

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

ASX hits all time high out the gate on Friday trades following bullish US inflation data

BHP

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

NIM

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Bitcoin investors need to know the risks

MDI

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

AII

Almonty locks in govt agreement for tungsten oxide plant in South Korea

IMM

Immutep reports strong response rate from immunotherapies treating carcinomas

There are more pages in this discussion • 31 more messages in this thread...

First 38 Last

Add PEX (ASX) to my watchlist

(20min delay)
Last 14.0¢		Change 0.010(7.69%)		Mkt cap ! $81.35M

Open	High	Low	Value	Volume
13.0¢	14.0¢	13.0¢	$37.57K	269.2K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	14.0¢

Sellers (Offers)

Price($)	Vol.	No.
14.5¢	147483	2

View Market Depth

No.	Vol.	Price($)
1	50000	0.140
1	70000	0.135
2	184749	0.130
3	78007	0.125
1	37031	0.120

Price($)	Vol.	No.
0.145	147483	2
0.150	125899	4
0.155	104087	3
0.160	53466	3
0.165	80000	1

Last trade - 15.33pm 12/07/2024 (20 minute delay)

PEX (ASX) Chart

Ann: Exceptional Zinc-Rich Discovery at Wagga Tank, page-38

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

ASX hits all time high out the gate on Friday trades following bullish US inflation data

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Bitcoin investors need to know the risks

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Immutep reports strong response rate from immunotherapies treating carcinomas

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Exceptional Zinc-Rich Discovery at Wagga Tank, page-38

Top Stories

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

ASX hits all time high out the gate on Friday trades following bullish US inflation data

BHP dips as WA nickel suspended after A$6B hit; losses eased by US CPI and forewarning

Week 27 Wrap: ASX hits all time high; CBA shares' two realities; US inflation hits 3% ahead of China plenum

Nimy to raise $1.21M to explore 'newsy' WA targets

SKS Technologies wins US$90M award to supply power to international hyperscale data centre in Melbourne

Bitcoin investors need to know the risks

Nanocap Middle Island Resources kicks off Barkly copper-gold drill run – a potential IOCG-style NT project

Almonty locks in govt agreement for tungsten oxide plant in South Korea

Immutep reports strong response rate from immunotherapies treating carcinomas

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News