the are all narratives I have been hearing continuously for the last decade. The same narratives that convinced me to speculate on this stock years ago leading to my being in a position of being down almost a million dollars on PEN. You understand that quite a few of the hostile perma-bears in this forum are former holders who resent being told bullish narratives only to see their investment lose money on every single timeframe while being told over every timeframe that the stock is going up when it has gone down. Now I'm not about to get all bitter and twisted about the situation, my speculation in PEN is a small percentage of my net worth but you really should consider the financial ruin that has faced other speculators holding this stock or this sector when arguing with them especially when throwing insults back and forth even when they start it. Of course they are going to want to throw insults at a perma-bull you are embodying the very sort of behavior that lost them significant amounts of money, you are not "the" person who convinced them to invest but you are saying the same things that I have been hearing over the 17 years I have been watching this stock. The idea that you have to be in it to win it, the promise of lottery like returns. I accept that I am gambling here and limit myself to what I can afford to lose knowing that it very well might be the case that the bears are correct, PEN could fall short of its production requirements and be forced into much more damaging actions to get past it including once again destroying existing share holder value with from our perspective an unreasonably discounted capital raise. Its a possibility. The same goes for the possibility that the uranium price could go down to half or a quarter of what it is now. You state the opposite like its a fact and that is the thing that pisses off people who have lost money believing the same stories like they are facts. Being willing to acknowledge and openly state the possibilities that you don't want to happen goes a long way to proving you are reasonable and not driven primarily by emotion. And it just pisses everyone off who has lost money less.
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peninsula energy limited
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