PEX 0.00% 15.5¢ peel mining limited

Ann: Quarterly Activities Report, page-5

  1. 53 Posts.
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    I wish everyone the best of luck with PEX, self imposed ban on myself as I'm only posting again when I can sound a bit more positive. Hopefully that day comes.

    They need to have a real hard look at how they are going about this. There needs to be some accountability, currently I see very little. They need this maiden resource and MB decision to either boost the share price or put money in their account. If it does neither of these things they'll be raising money again at the current price and considering they have drilled into one of the most significant poly metallic discoveries in recent times (or whatever it is that is regularly quoted) for over 6 months, dropped a cool 10 million or so (this program) into it and not added any value for shareholders, I'd consider that a fail on managements behalf.

    I'd really like to know how they feel in the head office. are they confident still? Are they questioning why there is no interest? Are they disappointed with the share price?

    If I was in their position, I would be devastated.

    All the best..!
 
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