@happytrader2015 the charts definitely look similar, however in...

@happytrader2015

the charts definitely look similar, however in reality there are big differences.

Gruyere was discovered in 2013 from memory and the chart shows it's consistent rise from a low of 3c to its current price of around $1. included in that is dilution from 200 million or so shares to its current 800 million+ shares.

The PEX chart show Mallee Bull spike, Mallee Bull decline. Silver Ray spike, Silver Ray decline. Southern Nights spike, Southern Nights decline.

There was clearly a lot more interest in the Gruyere discovery then there has been in the 3 PEX discoveries.

The maiden resource next month is going to be very important as they'll be asking for money very soon afterwards I imagine. God forbid they do it before the announcement. On past experience, I highly doubt if we'll get anymore drill results before then either. I've given up in hoping for a change in relation to this. I've accepted that PEX reporting is appalling.

I think we'll know by the end of the financial year if we are going to do well out of this or if we will look back and think, "Why didn't I sell in January 2018?"

I hope we all breath a sigh of relief soon.