PEN 4.76% 11.0¢ peninsula energy limited

Accumulation Time - Huge Upside Potential, page-19

  1. 6,446 Posts.
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    No. I'm presenting factual information and in the process, disputing the correlation implied by the scatterbrain (great username) that RCF/Pala not selling (or indeed adding to) their share holding is a positive indication of PEN's quality. That is incorrect as ALL the evidence to date supports the claim that they have got it wrong as well - I did go out on a limb a few years ago and make this exact point; I copped a lot of abuse from the PEN bulls. Well, I rest my case. Again.

    In this regard, Pala/RCF are no different to any retail shareholder that has been long in PEN for a few years - their investment, and the analysis behind it is also in tatters.
 
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