I have clearly not made my point clear enough judging from your response. I have posted many times before in the past that I have nothing against PEN and actually believe that it is a good company with good potential. I have also stated many times that I am pro uranium/ nuclear and believe that it is an essential part of our energy mix. The main point i'm trying to make is that the resumption of the nuclear renaissance is IMO not going to happen as quickly as a few posters here are stating with their 30 to 50 cent in 12 month predictions for PEN or their $1000/lb uranium articles. It will happen IMO closer to 2014 and maybe even 2015. I have also acknowledged in the past that I believe the uranium price has reached its bottom.
But no matter how many times I repeat myself, I get posters such as yourself who just don't seem to get it. The above is simply my opinion and if posters here are truly long term holders, then I cannot understand why so many are getting so riled up by my posts as I am actually in agreement with you that the long term future of uranium and PEN is bright.
However, to downplay the seriousness of what happened at Fukushima and calling it 'baseless hype' on the otherhand is extremely shocking and insensitive to the people that have been directly affected by it. The nuclear accident was very real and if you read about what really happened, you will see that we were extremely lucky that it didnt turn out much worse than it did.
PEN Price at posting:
6.3¢ Sentiment: None Disclosure: Not Held
