PEN 8.70% 10.5¢ peninsula energy limited

Step aside Gus, page-50

  1. 2,748 Posts.
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    Honestly who can say..sentiment over the past year or so was positive (more or less), look at where we are. A market relying on spot can only last so long. Supply will dry up. When? NFI. Who'd mine at this price, only those with an eye on standing out when it counts (wink). Utilities will suck as much at these rates; then when future supply is seen as the more viable option re. Security of supply at a decent buy price..whammo, dollar rises over a week or 2 will see attn fucused squarely back on the realties of supply/demand and the cost to get it outa the ground. Uranium will be the prodicle son of the market.

    At that stage, anyone who stuck around will look like geniuses!

    At least were moving thru the cycles. Hopefully this is the last before the inevitable spike.

    In the interim, just gotta suck it up. Talk of Gus moving on are rediculous.
 
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