Buying and holding penny stocks requires patience and a lack of...

Buying and holding penny stocks requires patience and a lack of emotional attachment. The price will fluctuate daily depending on the psychological well-being of those who are brave enough to sail these waters and the news, or lack thereof and many other variables.
Even then good news does not always equate to a rise in SP.
Just remember you only"loose" or "make' money when you sell. I am willing to take a punt as I believe (and time will tell ) . Ventnor resources has potential . They are still in their exploring stages and the SP will fluctuate pending the sentiment of the day. This is a very volatile market, where potentially you can make a lot and lose a lot of money, as it is very speculative.
NEVER use funds that you cannot afford to lose, Listen and read widely what others say, however, then do your own research and come up with your own strategies.
As for me I am strapping on my seatbelt and Ponder the future, whilst holding my shares for the long.