announcement expected over next 2 days, page-16

Lets also not forget that next year we could have a gold jorc in Tanzania of over 1 million ounces. That is over US$1.25 Billion dollars sitting in the ground with upside.

The Igurubi deal with African Eagle will end up a steal. By the time they have to issue African Eagle with $750,000 worth of shares the dilution will be minimal because Peak will be over a dollar and they will have picked up 700,000 ounces for next to nothing.

The gold is looking so good they have just had to employ another geologist MR Brian Lloyd fulltime and set up an office in Mwanza to take care of things.

They also will be drilling 3 Rivers next month nextdoor to Sandfire who has carried out VTEMS that show possible conductors running from Sandfires property right into PEKs.

I believe the next set of rare earth results will be Friday and if not then Monday. I also believe that they will be in an easier to read format.

PEK is more than a one trick pony and the rerating has only just begun.

PEK has a diluted market cap of $28,600,000 !