PEN 2.38% 8.2¢ peninsula energy limited

sp hard to fathom, page-7

  1. 1,197 Posts.
    "I keep reading about a looming supply shortfall yet I also keep reading about U mine closures , cutbacks, halting new development and mothballing."

    Mine closures and cutbacks are what cause the shortfall Mick, its a part of the boom bust cycle and after the bust the boom must follow as there as demand will outstrip supply, and I don't think anyone can argue that demand will outstrip supply, its just a matter of when and some are predicting Q1-2 2014 as stated in the article I posted a few days ago.

    SP action has been very interesting last few days with intentional opens and close price to show SP up 9% then down 9% then up then down. would you consider this a possibl sign of accumulation SS?
 
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