PEX 3.70% 14.0¢ peel mining limited

Ann: Quarterly Activities Report, page-3

  1. 2,771 Posts.
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    Hi Nij

    Yes it should be fascinating drilling and what’s interesting to me is the overall underexplored size 2.7klms x 3 klms across to the new prospect Fenceline ergo “The Bird” so it’s an approximate 9 square kilometres of potential high grade lead zinc silver and gold!.
    A friend recently heard a suggestion by a reputable broker that any buy out would best happen sooner than later before too much more great mineralization is found, that said on the flip side what it’s ultimately worth will depend on more finds... so a conundrum in a way, but a nice one to be set in just now, and right until a very compelling takeover is made public!.
    If St Barb made the first move then maybe Toho Zinc may feel compelled to protect their JV’s..
    and I the process pick up many more worthy opportunities and well located tenements?

    Best to all until we are compelled to meet again after cleaning up!.
    Sarg
 
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