PEX 7.41% 12.5¢ peel mining limited

Ann: High Grade Copper Discovery at Wirlong, page-2

  1. 2,892 Posts.
    lightbulb Created with Sketch. 96
    Good announcement!

    What did I post late last week about small volume trade... announcement coming.

    "Horsingaround,

    I already spoke before. If you look at Jun 2015, PEX went up from 9c to 12c on very low volume (about 240,000 shares $22,000; than 350,000 shares about $40,000) BEFORE announcement of high grade zinc. Than went up to 35.5c.

    Than on 26th/Oct 165,000 shares 17c avg = $28,000. Than followed by trading halt to prevent further increases. Than moved to 30c after announcement.

    I'm expecting zinc/lead to be very strong in 2016/2017. IMHO the combined price will reach close to US$1.8 to $2/lb same level as copper. We have 20-45% combined zinc/lead grades + copper, gold as by products etc in T1.

    If zinc and lead combined price reaches $US2/lb, what is copper equivalent??? That is MASSIVE!!!"
 
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Change
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13.0¢ 13.0¢ 12.5¢ $98.61K 782.3K

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No. Vol. Price($)
2 21762 12.5¢
 

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Price($) Vol. No.
13.5¢ 15999 1
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