They have broken through to actual coal seam which has been...

They have broken through to actual coal seam which has been laboriuosly long time to get there.

I came back from NZ last month and spoke to a few guys over there mainly in OIL.

They seem to think Pike will develop into a big long term producer.

When you get a chance go to their website... looks exciting...but dont look for double your money in 6 months.

I Like it as a medium term prospect.

Heaps of short term wins floating around at the moment though