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