As always buy the rumour sell the fact NKLEX ....thats what the...

As always buy the rumour sell the fact NKLEX ....thats what the traders have done ....this is what will happen with penny dreadfulls.....PEN has great potential but until we get to mid 2010 we will continue to have surges and retracements based on drilling results.....what makes a resource company is firsty proving up the insitu reserve , converrting the historical and present data to JORC compliant and then getting an indicative cost per pound and followeed by the PFS and BFS preparation.

Pen is an advanced junior exploration company and its road to production will be watched closely but the big fish wont take a sizable holding until we get JORC ....thats my take....in the meantime grab as much as you can when it dips following a good run up as we saw a week ago.....the more shares bought in the dips the more leverage and capital increased when the shareprice makes new highs..........just a game of strategy at the moment......cheers MMM