PEN peninsula energy limited

Safe jurisdictions, page-7

  1. 333 Posts.
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    This uranium chart looks good to me. It looks like are going higher. There is a transportation problems on black sea, Russians and China slowly raising influence on Kazachs and Uzebeks.
    Sprott Physical Uranium Trust didn't buy almost any uranium in more than a year. Some forces protecting it from launching "flywheel effect".
    Maybe this is the time? When investorst are bored, when price went down and now showing sign of life?

    I bought more with a good chunk of my money at 10,3¢. I feel it's rewarding me now.

    https://hotcopper.com.au/data/attachments/5529/5529387-953879ff39a1c62ac1f7a2cbd6a18186.jpg


    Remember UEC company from few months ago? Some researcher throw bad information about company and it went down 45%. Now it's up 74% from bottom and want to start production.
    It is happening all the time folks. Remember Cameco after capital raise for Westinghouse takeover? I bought at 23$ and now it its 36$. I don't say that Im still holding Cameco now. I sold it some time ago and now my capital moved to Peninsula.

    https://hotcopper.com.au/data/attachments/5529/5529408-8cbb533c7b4c1e5eca36f13d85d2ed07.jpg


    In this sector it is better to doing nothing instead of doing something. If company do smthing and it foot slips-- ouch- 50% down.If company do nothing, don't want to do nothing- no problem. It goes up and down with a wind of markets not disturbing anyone.That's why Im interested in Pen. It is still 25% to 200 week price average. Don't you think we will make it in this bull market ? I think we will and we overshoot.

    https://hotcopper.com.au/data/attachments/5529/5529419-4b5c5ba417e96f13b1318283dc138b22.jpg

 
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