PEK 2.70% 18.0¢ peak rare earths limited

doing nothing

  1. 523 Posts.
    After the Ann: providing its much like the last lot of results doing nothing is the hard part.

    I have been in PEK for some time, if my memory serves me well, we had a huge rise from 23c to over 60c. Then it pulled back and everyone was in a panic.

    Sit back look at the fundamentals, PEK are in the early stages of proving up a MEGA resource. It takes time for the Company to prove and plan its moves. I would expect a surge in the S/P followed by a CR. This will give the Company funds to push forward, but expect some ups and downs in the S/P

    If you are brave and try to trade those ups and downs, good luck. For me its DO NOTHING, PEK are my first 10 bagger IMHO it could be my first 20, 30, 40, 50,

    So good luck and enjoy the ride.
 
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