right hq, where are the resource upgrades, page-82

Upmarket - as RM pointed out, it was pretty obvious that I was responding to Sharks - but, of course, you've never been able to resist a dig that helps shore up your considerable ego!

You are re-writing history here. Twelve months ago, the start up timelines was one of the key issues discussed on the PEN threads. Hardly 'minutiae' as you rhetorically put it!

Just take this post from Svengali on 8 Jan 2012, for example, a post that has proven, unsurprisingly, to be up-ramping nonsense, and a post that your heartily approved of and supported.

"We've probably just passed an interesting month or 6 weeks since the AGM, a good time to review PEN

Well, the announcements from mid December have reinforced where PEN is going and the share price is, and is going to continue to, reflect this situation.

I firmly feel that PEN is in the right spot at the right time, it's going to supply uranium dug from and supplied to the most voracious power user on the earth, the good old US of A, so anyone who thinks PEN is not going be to fast tracked to production has got their head where the sun don't shine, I agree with Gus that we are looking at late 2012 early 2013 startup, the US government will not stand for the usual "green" delays, it aint going to happen when the world is going to run low on fuel, imagine what will happen to the nuclear industry and the uranium price if there is trouble in the Straits of Hormuz

It never ceases to amaze me how some people prognosticate endlessly about PEN when they cannot be in posession of the matters before our Board, this is why you have a Board and if you don't trust them you really should sell !!!

In closing I will make the prediction that by late this year PEN will reach 30/50 cents and upon production, with high predicated reserve increases, go up at least a further 50% from these figures, in saying this I am not ramping, merely comparing previous similar company's progression, and realising that the like of Alex Cowie now have PEN on the radar, wait for big US investors jump on board"

And here is your response upmarket:

"Good perspective svengali. As small/mid caps were hammered and uranium stocks more than their fare share, the conspiracists and doomsdayers were in their element. Love how they come out of their caves, get all serious and wordy, pick up on minutiae, challenge management like a brat tennis player to the umpire. And they're the good vampires!

Price goes up a few ticks and they disappear back into the dark. Man, they must hate bull runs.

Agree with much of your sentiment if not the SP forecast which may be a tad aggressive. Believe you're closer to the money than the vampires, with or without hearts.

It has been recognised uranium stocks were oversold, PEN continues to make progress where it matters and losing NuCore to my mind was a blessing we may not have recognised at the time, much due to the silly second guessing and conspiracies spewed on this thread. Wouldn't be so bad but then the temerity to bleat they get bullied here lol.

So the best part about where we are - back to constructively discussing the future without the bleating and crapping on about every little management event. Gus is back and PEN looks to be on a roll again."

LOL - perhaps you should take more notice of the vampires and brat tennis players in future. Clearly they were much closer to the mark than svengali and his ilk and yourself.

Yes - there are all types on the PEN threads upmarket but personally I prefer to follow the wise ones (such as Reichman) rather than the marketeers and rhetoricians such as yourself.