Ann: Low pH Field Demonstration Update, page-163

You need to read. I said they had 2.065 Billion shares Q1 2011. The reason I selected this time 10 years ago was this was when Pen had Lance hit results and started to gain some then around the same price we are today, then a few weeks later Fukushima happened, add overproduction and this really brought on the 10 year bear market in Uranium.The reason I compare to paladin is it was the FIRST MINE in 20 years brought online Paladin built the mine in a pre bull market Peninsula really started as we know it today in a bear market. Big difference. PEN will be the first U.S. LOW PH ISR MINE and the only one permitted in the U.S. to do so. This is why low PH ISR is the best and cheapest. PEN will be the first to bring it online like Paladin was the first to build and bring a mine up in those 20 years and the sp peaked as it got into production its first quarter. There were hundreds of public Uranium companies that were delisted in the last 10 years, pen was not one of them. They issued shares, did RS and those that invested at wrong times are now bears and spend their time posting lies. Just ignore them, Hover over their profile pic and click Ignore. Pen is going to shock people with its production and run in sp. Bears will be destroyed and explorers 10 years out will not make it after those explorers the bears are pumping are diluted to 0. Pen is bringing in cash and establishing strong tier 1 relationships and does not need to dilute anymore. They have Tier 1 Utility contracts and future deals coming. FACTS.