With any luck, you may run into V J Singh on one of practise days between Opens.
What are everyones thoughts on this.
On uraniums last bull run we saw Pen hit 10 cents, and its position was no where near as advanced as it is now. Now if we do see another bull run starting to form in the uranium sector, I think that there won't be anywhere near the same amount of uranium players as there were 2 years ago. As a lot of them called themselves uranium explorers, just to catch the uranium run. Most of them dont have enough experienced geologists and engineers to fully explore their resources, let alone turn them into mines. They just position themselves in areas where a lot of activity is taking place, hoping that some neighbour will want to buy out their land. You could almost call them real estate companies.
So in saying that the ones that do have genuine resources and experienced management will Imo Take off, especially if the competition is nowhere near the same. Their are companies out their sitting on good resources but lack the skills at getting it out of the ground. This is where Pen Imo is going to make me a lot of money, as they meet all these simple little check lists of mine and a very attractive entry level.
Enough rambling
Cheers NK
PEN Price at posting:
1.8¢ Sentiment: None Disclosure: Held
