My only concern here HS is with this sort of news and several other mine, plant and exploration shutdowns it doesn't bode well for the U sector investment dollar wise to see this sort of action going on. It sends out some very alarming signals to brokers and investment houses that money isn't being made in the Uranium sector and the herd will wander away from it with their investment dollars if this sort of news continues. Long term the less competition for PEN's uranium the better for us as long as there is a thriving demand for it in the first place. Copenhagen is going to turn into a complete waste of everyone's time and money as self interest will ensure that energy alternatives continue to take a back seat to cheaper fossil fuel ways.
PEN Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
