PEK 4.55% 10.5¢ peak rare earths limited

Merv, I don't think it will reach 85 today - that's a 20%...

  1. 1,280 Posts.
    Merv, I don't think it will reach 85 today - that's a 20% increase. The last 3 trading days it has been increasing nicely but y/day actually closed .05 lower than open, so the move North has slowed right down. 20% might be a tad optimistic - I'd be happy with a 5 to 10% increase today and a close of around 74. Really, any close that is up on previous day is a good result (to me).

    chrisviny - drilling resuming in May is, I think, based on an announcement a few weeks back that said something to the effect that PEK were waiting for the rainy season to end (late April) before they would resume drilling - others correct me if I'm wrong.
 
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