PEN peninsula energy limited

Ann: Peninsula Strengthens Sales Contract Portfolio, page-14

  1. 3,452 Posts.
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    We all want to see the SP higher, especially holders who have been around for a while

    Take note though that pretty much all U stocks have been beaten down and pulled back in February

    PEN did a raise at 7.5c, yet even after the pullback of U stocks, PEN is still 11c

    To be honest, I was expecting a lot of profit taking and for the SP to fall to 9c-10c range

    So I think the SP is doing alright in that regard, not shooting the lights out (yet) but holding up ok

    I've said it before, I'm expecting better weeks and months ahead for PEN as we should see spot uranium price rise from here and more news flow as we inch closer to production by end of 2024.

    Russian uranium ban is likely and should be a catalyst also
 
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