PEX 7.69% 14.0¢ peel mining limited

Ann: Significant New Copper Intercept at Mallee Bull, page-97

  1. 12,259 Posts.
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    funkbunger,

    Don't get depressed. The fact that PEX is currently unloved and you can identify the sort of market mismatchs that you've pointed out with the THX example is the opportunity!!! If PEX was overpriced there would be no opportunity. The broking community and retail investors have gone into their shells but CBH and other mining companies in the business of making money from copper will be looking at this through the prism of its potential development metrics. The grades are pretty robust and with greater size the deposit could start coming onto the people that counts radars.

    We have more drilling that could also yield more ore and more surprises. I'd like to know what happened to that shallow high grade Zn, Pb, Ag, Au mineralisation. Have they tried to chase this down plunge and failed?

    Eshmun
 
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