did you watch the close?

W.O.W.

Did you see the close?

The pre-open at the end of the day was very exciting.

The bears wanted a close at .079 but then the bulls wanted a close at .080.

For a while there was only 14000 shares in it.

But, ----------------------

I am really glad that the bulls got their way and we closed at .080.

I am sure now that Big Gus is back in Australia and is in charge of things from this end again.

On another subject -------------------

Malcolm James talks tomorrow at the Australian Uranium Summit 2011 in Perth, "Profiling Peninsular's established project pipeline, and the "Latest Results from Wyoming and Karoo- potential new mineralisation, and "A timetable to first production in 2012.

Let us all hope that the share price will show it's appreciation for his effort, I am certainly hoping that that will be the case.

Good luck to all PEN holders.

Cheers,

T.D.