PEN peninsula energy limited

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  1. 224 Posts.
    Frikkie.

    Stop blaming Fukushima? It was on the news last night that the disaster was worse than feared and it was a 'melt through' rather than a 'melt down'.

    http://www.telegraph.co.uk/news/8565020/Nuclear-fuel-has-melted-through-base-of-Fukushima-plant.html

    I was watching Lateline last night and thought 'well PEN will go down a few pips tomorrow'.

    I still regard PEN as my favourite small cap stock, but don't say that the Fukushima factor is not affecting the SP. Of course overall market sentiment is too, and maybe bots but I reckon a lot of the time bots are used as an excuse for an SP drop.

    In time the Fukushima effect will be muted but it will take a little time. People still talk about Chernobyl.
 
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