resource upgrade news, page-36

I believe its trading at fair value because we don't know exactly what is going to be the JORC update. moneymoneymoney you are 100% right when you say "i for one would not want to be sitting on the sidelines waiting for a measly 1-2 point retracement...PEN is holding well around 9c now and will steadily increase on positive announcement regarding DFS/Resource upgrade/mining license application etc After the JORC and mining permit announcements."
I'm sure that if anyone that hasn't got into pen yet who are thinking about it might want to get in soon probably around the 9c mark because once these announcements come out the increments will change from 0.01c increases to 0.05 when it goes past the 10c mark. I personally believe that the JORC update will be a good one but only time will tell. Good management and good fundamentals and got a line of credit (with conditions). There are some serious investors that are in pen and I don't think that they are the ones to piss their money around nor am I. 2011-2012 will be fantastic years for all industry's. congratulations on the people who already have made multibaggers and congratulations to people who will be making profits in the near future.

-D