PEX 7.69% 14.0¢ peel mining limited

Ann: Exceptional Zinc-Rich Discovery at Wagga Tank, page-64

  1. 2,775 Posts.
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    Hi Sharman and Goldbull...

    Sharman
    Your enthusiasm for Peel is well warranted.

    Your view of likely economic development of T1 and Mallee Bull is uncertain however the PFS and BFS will soon clarify this however positively the economics are highly enhanced with T1 being very high grade mining fodder (Zn Pd etc) all the way (300m down) to Mallee Bulls copper which may extend much deeper than surface drilling could reasonably and cost effectively prove.

    Wagga Tank & Southern Nights are outstanding
    finds and exceptional opportunities proven in a very short timeframe.
    If more of similar grade proves up in the next round of drilling near Southern Nights and lab results are higher grade than the XRF showed in recent 70m of 4.8% Cu and 20m of circa 24%
    Cu then Peel will be a metaphoric rocket ship on several fronts.
    I believe anomalies at Mt Allen were drilled so results may be out prior to or in the quarterly.. decidedly lots to be excited about so if you have or are still accumulating it’s very likely to reward
    investors generously in the coming few months.

    Goldbull
    A few profit takers or t+2 punters took flight but the rebound was quick and resounding to my mind and understandably well justified as the latest results are shallow for cost benefit, and are undoubtedly industry leading, simply superb.

    What could be better?.. more to come around same!?.

    Sarg
 
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