PEK 4.76% 10.0¢ peak rare earths limited

ridiculous post by tezzak the basis of omgwen3rds call was many...

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    ridiculous post by tezzak

    the basis of omgwen3rds call was many false allegations about PEK, such as only Chinese can produce REE's and that the Australian lab technicians, who he had a contact stream from, wrote off PEK could produce a concentrate from its methodology

    however, much worse than this, omgwen3rds is the LYC sheepherder and the LYC share price fell from $1.62, at the time of PEK's JORC, to a low of 56 cents

    if omgwen3rds predications had any merits at the time, they would have sold LYC and bought it back

    in my opinion, omgwen3rds posts, like LTL, were based in prejudice rather than any fundamental or technical analysis

    the PEK share price fell due to the REE bubble bursting rather than due to omgwen3rds reasoning

    regards

 
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