gus speaks at arcusa , page-85

just a few more thoughts of mine since my last post i want to type down......

Peoples perception of PEN is different for everyone. I still have a half glass full attitude for PEN and the uranium industry (uranium price in particular). I am still half glass full on PEN because of my low purchase price for PEN.

Had i bought PEN at 15 cents my attitude would be very different. This whole stockmarket is about resk/reward and emotion.

Now, i don't want to start another war on the PEN threads, but all good companies pay off in the end.

I have copied a chart of SFR. A good friend of mine told be about SFR when they were about 25 cents. I didn't buy any and watched them rise to about $2.20. I have noted this area by the red arrow on the chart. The share price then fell back to the $1.60 area and that same friend of mine said when SFR passes $2.20 again watch it go. well see the chart for yourself. That is my friend smiling in green.



Now, to bring this back to PEN. PEN's 15.5 cent high the other month could be where the red arrow is (on the same SFR chart). PEN has dropped and we might be where the blue arrow is.

In due course, if all is good in the world, and PEN continues to march along, and the fear of the uranium industry is a distant memory people PEN's share price could easily rise back above its 15.5 cent high and "watch it go" like others have done and maybe we will be the green guy smiling.

(now, i am not comparing PEN with SFR, nor am i linking PEN's share price with that of SFR's. I am just showing visually with a chart that good stories result in good share prices. Note i am not linking SFR's timeframe with PEN's also !!).

ok. enough from me.

CEB2