The biggest problem that PEN shareholders and shareholders in most other Uranium stocks will face tomorrow will simply be people's perception of what everyone else is going to do when the market opens in the morning. Fear is an integral part of how the stock market works and I think there is little doubt that we will see plenty of that in the morning. Personally, I think Peninsular Minerals is a great company with a huge upside and it's sad that a catastrophic disaster like this is going to probably effect it's share price in the short term. Hang tuff guys. Things could get ugly tomorrow but you have to put it in perspective. Thousands of people may have lost there lives because of this so a paper money loss pales into insignificance to be honest.
Good luck tomorrow and God Bless the people of Japan.
Cheers OMR
PEN Price at posting:
12.0¢ Sentiment: LT Buy Disclosure: Not Held
