Peak Resources Ltd. (PKRLY) is “One to Watch”
February 21st, 2013 Peak Resources, headquartered in Perth, Australia, has exploration offices in the mineral-rich and politically stable East African country of Tanzania (United Republic of Tanzania), proximal to the site of their flagship rare earth Ngualla project (or “bald head” in Swahili after the way the main hill looks) on the edge of the massive East African Rift Valley. The company has put together a very simple shareholder return equation focusing on development of the exceptional mineralization at Ngualla, which also happens to be very low uranium/thorium (21ppm and 35ppm respectively) and which lends itself naturally to low-risk, relatively…