Here we go again, page-50

Thanks Ram for defending a “crusty old poster”..... LOL

To answer your question MinhDiem.
Why am I invested in PEK

I hold the stock from some considerable time back
when it was drawn to my attention by a very knowledgeable poster
“GeoGeorge “ who is a geologist by profession.
Over time he posted many comments/ diagrams/ detailed cross sections of the deposit
and so on with grades/ low contamination/ ease of mining, low cost Etc.

The deposit itself is outstanding....world class.

It would be worth your while going back and reading many of his posts.
(Type his name in the search box top left hand corner of screen....)
but you do have to go back a few years.
There is a lot of information and reading there.
(Others on these threads would benefit from doing the same)

What has happened since is

“SOVEREIGN RISK.”

IMO the Tanzanian Gvt, has behaved very badly towards Peak.
Peak have been model corporate citizens all the way through.
And the T. Gvt has played Peak as fools.
Delaying the decision for no apparent reason,
time after time.
And Peak can do nothing about it.
Maybe China is influencing the Gvt.
Or “officials” ??? ..... Fill in your own possible reasons!

The rest of the world would be very aware of Peaks circumstances.
Particularly with the current interest and focus on the strategic importance
of rare earth deposits.
And the credibility of the Gvt. and the associated risk of future investment there
would be under the microscope.

Will it be resolved?

I hope so....for all concerned.