PEN peninsula energy limited

I've been in a long time. Tis mana gent seems more trustworthy...

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    I've been in a long time. Tis mana gent seems more trustworthy than the last. However, the haven't had the acid (pun intended) put on them yet.

    The problem I'm finding with capital raises and this is the four this month I'm faced with is you only see here the (extreme) bleating of HC posters mainly Sh. Management have job to build a mine. they're not there to make money fast for hot money To that end them being more aligned with instos who supply the bulk of the capital and longer term holding. Thing is in the early stages it's retail SH who carry the can but they have no real concept of the risks they're facing That includes me but having been invested in mining stocks (including U) for a while I'm getting the idea (after losing a huge amount of skin around the traps).

    In it's simplest terms if you stand to gain 2 to 3 X your money you have a huge amount of risk.
    You'd better have both a huge amount of talent & patience to get the better of that regularly.

    Crypto anybody?

    all IMVHO
 
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