patrickm, I'm actually very pro PEN and have been very happy with their anns the last 6-8mnths and, yes, i have been doing quite a bit of research.
You say "Comparable companies have typically lower grades and other issues going into production". Interesting. What about the other companies that have similar grades? And why is PEN immune from those 'other issues'?
'1000 new reactors'? My research has come up with about that many U hopefuls of which PEN is 1.
If the market is in oversupply then there is a problem at one end. PEN's end. Simple economics.
'A massive history of mining the stuff there'. Yes you're right. But this rich history includes environmental violations.DYOR I'd hate to assume that all the good folk of Wyoming are happy about Uranium mining.
If I'm 'Blurting negative opinion' then you would have to be blurting positive opinion. You don't get supply contracts and permitting at the local 'Gun's & Ammo'.
My point was that until you have a contract to supply or a permit, you can't assume they are in the bag. The current government in Wyoming appear to be pro U mining but when have you ever taken a politicians word as gospel? They bend with the wind and at the moment the wind is shifting to pro-nuclear.
Ahh my longest post. I'm missing the cricket.
I'm pro PEN like you but maybe just more cynical. cheers grabs
PEN Price at posting:
4.1¢ Sentiment: LT Buy Disclosure: Held
