My PEN average is 10c.. nothing "ouch" about it. I'm holding for...

My PEN average is 10c.. nothing "ouch" about it. I'm holding for years from here and think SP will be multiples from here in years to come.

Why don't you mention you sold DYL at $1.20 (now $1.38) and bought TOE at 50c (now 32.5c)?

Call it pumping if you like, but I'm bullish PEN and I state why, so I make no apologies about that (see below for some reasons why I'm bullish PEN).
(Also I do often write "all IMO and DYOR" in my posts)


yes, i generally don't like consolidations

Look at TOE and their share price has continued to drop after consolidation

I won't discuss TOE negatives here, but it's night and day difference between PEN and TOE. You can't even compare the two as they're not even in the same league

I think, and it's only my opinion, PEN will trade up and down (like any other stock), but will trend higher towards end of 2024 and into 2025

No one can predict share prices but i believe this trend upwards because:

- PEN restarting by end of 2024, so there should be plenty of positive news flow, and announcements (eg first drum of yellowcake)..
- PEN in one of the best jurisdictions in the world with pro-nuclear government
- possible positive news on debt (eg US goverment loan), possible further contracts signed
- people realising PEN is de-risked further, and will be only one of 7-8 uranium producers in the whole world
- spot price and long term price should rise from here.. (I think we see spot price going to $150+ in the future. anyone disagree?)
- expecting long term contracting to start picking up from here
- I consider these just "bonuses" or icing on the cake: PEN signing contract with US government for uranium strategic reserve like they did last time Russian uranium ban, tech/AI nuclear, M&A providing catalysts/interest in the uranium sector
- still early innings of current bull run
- plenty of other positive uranium fundamentals to discuss here, but anyone doing research knows what's going on (eg conversion, enrichment prices at all time highs)


And I've already mentioned why I don't think PEN will do a CR already (eg fully funded until positive cash flow, options conversion, debt)

Feel free to disagree on my points above, state why and discuss, rather than personal insults