PEX 0.00% 13.0¢ peel mining limited

I got the impression from the report they are still drilling and...

  1. 3,474 Posts.
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    I got the impression from the report they are still drilling and will keep doing so. I've never seen anyone come out and say "that's our estimate and no need to do anymore let's start mining".

    I'd reckon they'll announce a number and then continue with the same program of shallow drilling to increase the inferred resource while continuing deeper drilling looking for that elusive ore body.

    Way over sold now; just unloved. Not sure the JORC will fire up but it will only take a few quality grade drill results at any depth and interest will come back quickly.

    It's exactly the same stock it was at 40c and 30c just the hype bubble has deflated. it hasn't burst. PEX will be back and I'm accumulating thinking this is an easy 3-5 bagger on good news.
 
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