Another baseless, ramping post from someone who should know better. PEN is the same as many, many spec exploration stocks on the ASX, and just another U3 junior trying to make it through to a positive BFS.
The capital letters used to emphasise 200% would indicate that it is something of an exception. Do I need to list all the spec stocks have that have risen more than this, since Jan, 2009?
Unfortunately, PEN is another example of a HC 'FLOCK STOCK'. Lot of mindless posting, with little substance.
' Progress to profitability....'? well progress to a BFS more like it. There is not profitability until the think is actually producing saleable product. Let me check the accounts.
At this stage , the JORC and BFS are the only things worth focusing on. Enough has been written by those who actually know something about the deposit; the rest is rubbish.
Cheers, Skip
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