PEN peninsula energy limited

Ann: Lance Construction Accelerates towards Q4 Production Restart, page-15

  1. 4,752 Posts.
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    what is also frustrating is the stock over the last 24 years has only been trading below 10c for 9 months ( 6 month period back in 2020 and recently 3 months). Which means many bought it above 10c.

    And yet we have all these Knobs sitting or stacking the 10.5c line. Why? What kind of risk reward is that. Let the thing run. It is undervalued at 10c. At this price it implies the future for Uranium is poor (not true) and that this company will not be cash flow positive next year as stated ( unlikely based on their recent communication).


    The above does NOT apply to the short term day traders.

    And yes I do believe at some stage soon (big end of town release the breaks) this will run hard to high teens. Not and If but when.
 
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