PEN 2.25% 8.7¢ peninsula energy limited

Was a bit surprised more was not made of the following'After the...

  1. 100 Posts.
    Was a bit surprised more was not made of the following

    'After the release of the maiden JORC resource, Peninsula plans to continue to upgrade the resource classification and expand on the initial resource inventory by targeting the nose of the ore zones in the indentified roll fronts. To this end Peninsula will deploy a further drill rig at Barber making a total of five rigs operating at Ross and Barber until the end of 2010.'

    The initial JORC WILL NOT include the supposedly higher concentration ore zones in the 'nose' of the roll fronts - I assume this means a very high possibility of significant resource size upgrades in the future. Happy to hear other peoples thoughts.
 
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