PEN peninsula energy limited

where are the sellers, page-60

  1. 2,889 Posts.
    Yes Didier, I can see how you would be hopful for 4.3 but at this stage 4.7 , 4.8 and 4.9 are a bit thin on top, so it is still not clear if this is a short pause before more sustained buying occurs. Today and tomorrow will be interesting as things unfold.

    We are creeping ever closer to JORC and the uncertainty of where the price will end up post release.
    In most cases, you would buy on rumour and sell on news. However, in this case, I believe we are in for a great JORC and the SP is being held down for accumulation pre release of JORC and I think we will see some of Hangseng's line wiping occur once the news is released.
    The company will send out our notices of entitlement tomorrow and we have to have our money into them to accept by 23rd April. I think we will also get our JORC around this time. So not too much longer to wait now!
 
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