argy bargy ..., page-77

NKLEX ....If we are talking about institutions and fund managers they wont buy at these levels .....they are governed buy their rules and regulatory restraints.....instos use a checklist and if all the boxes arent ticked they wont buy in.........mostly they invest in large market cap companies so until we have a substancial market cap of 100 million + we are flying under the radar.......PEN will need to make alot more noise to get the big boys interested and due to the timelines being 2 years + to production and without JORC PFS and BFS we are not going to get them on board at this point in time.....sure some may have taken a look but we need more fundamentals to attract them......in the meantime we can buy in cheaper if we believe in the company getting to production........thus we will own shares alot cheaper than when the instos and fundies hop on board......until then keep buying on the dips and increase your holdings so the big fish will have to pay higher prices if all the hotcopper folk and the rest of the PEN worshippers hold 50% of the stock.....lol


Cheers MMM