down , down down, page-63

IMO, more damage and loss has been caused by posters downplaying the severity of the situation and it's impacts on the uranium and nuclear industry. I remember very clearly influential posters stating that the Fukushima accident would have no impact on PEN whatsoever and quoting Warren Buffet and Lord Rothschild's "be fearful when others are greedy and be greedy when others are fearful" and "the time to buy is when there's blood on the streets". All this when the PEN share price was 12 cents. People who were influenced by those posts are currently down nearly 37%.

These posters underestimated the importance of sentiment and the effects uncertainty can have on the industry and the PEN share price.

If people had instead kept an open mind and read and taken into consideration the negative news as well rather than TOUing them, perhaps they would be in a better position now.

In the end, a lot of the negative articles that posters claim were misleading were actually correct. The nuclear disaster did turn out to be worse than initially reported and continues to be unresolved with radiation continuing to leak into the ocean and into the atmosphere. There is still uncertainty with regards to how much of an impact this has had on the nuclear industry or how long it has delayed the so called nuclear renaissance.

I personally believe that the nuclear and uranium industry and therefore PEN's shareprice will recover but I have absolutely no idea how long it's going to take.

7.5cents is a very crucial support level for PEN if I recall Haspete's chart correctly. Suggest you guys hope and pray that it holds.

Good luck.