Hey AlbertE, great point that just continuely gets lost on...

Hey AlbertE, great point that just continuely gets lost on investors. The majority of hopefulls are going to need rounds and rounds of CRs to get where Pen is at present.

I have shares in a few that re basically pounds in the ground and have moved higher. It was the UXC drama that left a bad taste imo. But it ultimately leed to Peninsula finally showing some balls and getting aggressive with their resource and doubling production and most importantly becoming and end to end user for less than $90m..profitable within a year of production...Forward looking they'll be the biggest US producer at a time when the US is finally looking to its own backyard for supply.

IMO many investor's are being narrow sighted with Pen..still represents good returns as the rest begin to show their funding requirements. Outside of BOE, which has done a great job, most will need in the $100s of millions and years to get where we are now.