getting ready for a shake up., page-39

PEK was around the 8 cent mark 4 or 5 years ago when they first took on the Tanzanian gold and Phosphate tenements with a sniff of two parts of naff all. Now they have proven up a huge and very viable REE resource with the PFS due in the next 3-4 months. Every thing, as per ASX announcements has been taken care of with the exception of funding or a funding provider/partner or joint venture.
One should be excused for thinking that PEK at 8.7 cents per share is a stark raving buy after absorbing all the data that has been produced to date. During this period of proving up a huge open cut resource the shares on issue have roughly doubled to 275 million in order to fund operations to date.
At around the 8 cent mark I will consider buying another substantial parcel if others are happy to sell.
DYOR