happy new year pekkers

Well the start of another year....lets hope its a good one.

The U.S economy is showing some small signs of recovery. Troubles in the M.E threaten to push the price of oil skyhigh again though. This is however good for alternative power generation and tech which is very good for REE prices.
Ofcoarse like almost all of us we dont want to see war anywhere, especially between the U.S and Iran. Wouldnt be surprised if Iran already had a sneaky N bomb or two so the world needs to tread very carefully here.

Anyway before going off and discussing world politics back to PEK.

I will stay away from SP predictions as they are impossible to pick in the current market and can give people unrealistic expectations(as if anyone listens to my rabblings anyway!).
There is still overall market uncertainty, but there is a strong likelihood IMO(but its unprovable until it happens)that REE prices will rise strongly on Chinese restrictions.

But we are in for news and to discuss how this may pan out makes for a bit of harmless fun. So here is my call for the first 3 months of the Peak calander.

Peak Calander (all guessed) 2012


Jan W2. More drill results, likely to continue to be very good and expand resource substantially

Jan W3/4. Initial benificiation results. Likely IMO to show at least part of Ngualla REEs can be acid leeched insitu and metalugy of most REE ore found lends intelf to very high recovery rates(likely similar to LYC as ores and similar in many parts). Phosphate likely to be able to be brought up to direct shipping grade with simple processing IMO.

I expect a lot of good news in this initial release of "Ben" work.

Feb W1. More drill results

Feb W3. More drill results announced as the PEK Board jets over to S.A for the Indaba conference.

Feb W3.Indaba Conference, Africas biggest mining conference. I believe the guys will be swamped.
With most of the drill results in, an advanced idea of the Ben work and a very strong indication of the jorc size that cannot at this point be publicly discussed(but Im sure an idea can be given to potential sunstantial holders or cornerstone investors). Things will start hotting up from this time on if the Ben work announcments has not already kicked off this process IMO.

Feb W4. Drill results, should just about be the last ones, which is good the jorc guys need the data.

Mar W 1 Ben work final lot of results.

Mar W4 Trading halt. Friday Jorc.

Saturday, articles in major newspapers.

What happens next...well we know in three months. It will be a very large resource, others will want it or a slice of it.

There will be tactics and some interesting moves made IMO.

But at this point I am just looking forward to a very exciting 3 months of results and seeing how close that naught boy George got to the pin with the estimations of our upcoming massive jorc.


Happy New Year year all and heres wishing luck peace and prosperity to all involved or invested in Peak Resources.

Tretch




p.s T1, thanks for the well written post. There may be some small amount of manipulation, to be honest I dont know, I see it far less that you, but thats ok its good we all have different opinions.
Im sure we agree that if all the news stream Ive mentioned above comes to fruition, as it surely must, then our S.P will strongly run away from any small games that may be being played. Then the real games begin and if Im not really mistaken they may be high stakes games that push the companies MC much closer to where it should be.

excuse spelling, things missed or other errors, was out till 3 last night. Ouch! lol!