PEN 2.33% 8.4¢ peninsula energy limited

uranium junior advancing to production

  1. 1,684 Posts.
    I thinks its important to highlight these comments from the recent report. As I have said before, Imo they are very bullish comments from management on Pens Lance project.

    'Based on the extensive data PEN has at its disposal PEN believes that subject to further resource drilling the two most advanced project areas Ross & Barber can be advanced to the BFS stage. Most of the work programmes will be aligned to achieving production status from these two projects areas in the shortest time frame possible.'

    Imo it's my sitting tight thats going to make me a lot of money in Pen.

    Hows that saying go that always makes me laugh,

    "You can't go broke taking profits"

    I reckon thats how some traders do go broke, there profits they take are too small compared to their losses. Rather than letting their profits run.

    Still everyone has a different strategy I guess.


    Cheers NK
 
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