Share price - General Discussion, page-1269

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Mcintyb

570 Posts.

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08/10/20

12:35

Post #: 47941059
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Originally posted by ChinaSyndrome: ↑

Agreed, Yesterday was weird on a number of fronts, and yet today started of as if nothing happened !!!!

The only plausible explanation I can think of is that our DT's bailed out to raise cash to get onto the ARR action. I keep on having to remind myself that DT's are not rational, That the La Paz project has possibly the lowest REE grade in the World and is located in a Desert. It would mean nothing to a DT !. Donald wants a mine but never bothers with Due Diligence, so he may buy a 'Brand' instead ?

Whoever is running that Bot is a pain in the proverbial, it really needs swatting !

The sooner Pensana's shareholders (Investors) wise up to the fact that we are now the 'Main Act in town' in the new players Rare Earth sector and that in reality we no longer need to justify our Potential (as we now have everything that is needed, in place). The sooner we can begin to stabilize our growth and start attracting the more mature Institutional investors who seek longer term outcomes.

People invest in companies like BHP and RTZ for the longer term Capital Gains AND a steady secured Dividend; I doubt if many of their shareholders have ever seen an Ore Reserve statement or questioned the Processing path !

Pensana has the capability to become the Leader of the Rare Earths Sector, steady growth utilizing known Resources is all that is required.

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I think your rationale for yesterday is spot on. Noticed a lot of chatter for ARR over the last few days on other threads not related to RE at all so the DT's have been having a field day with it and possibly dragged a bit of dough from PM8 with them. I did notice all RE miners and explorers doing particularly well this morning and PEK yesterday so possibly industry investment starting to drag back to the the other stocks now for their run. NdPr price looks stagnant, maybe Trump/Boris latest comments are the pure catalyst for increased industry interest?

PM8 Price at posting: $1.17 Sentiment: Buy Disclosure: Held
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