Ann: Response to ASX Price and Volume Query , page-3

PEN's response was the standard "we're not aware of any information or any other explanation", etc., etc.

When this type of situation occurs to a company, when they have got what they believe to be a wonderful asset, I've always wondered why the response doesn't include something along the lines of -

'We have long believed the market has been slow to catch onto our assests and potential. Thus, whilst a significant difference in volume was seen today, to us, the increase in both price and volume was somewhat overdue and it is our fervent belief that the market will contine to re-rate Peninsula Minerals in the weeks and months to come'.

Any thoughts from the more experienced would be appreciated.

Regards
Reichman