PEN 4.35% 11.0¢ peninsula energy limited

Huge News Today For U.S. Uranium Producers!

  1. 293 Posts.
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    Today U.S. Senator Barrasso of Wyoming ( Where $PEN is Located) Addressed to the Senate Committee on Energy and Natural Resources: We Must Ensure American Technologies are Leading the Global Expansion of Nuclear.

    $Pen is going to be getting a piece of the Pie soon, Senator Barrasso will want his state to lead the way. They are pro Uranium and have approved ISR low PH.

    The Market Loves a good story. This is Why Paladin the other JR producer in the early 2000s got contracts early before production even started, remember it dropped down to 1 cent before it had a 100,000% run and only produced 270,000LBS of U308 in 2007 at its Peak stock price and Uranium price. Pen looks to produce 1.15 Million lbs in its first phase 1 and boosting to 2.3 million Lbs moving forward in stage 2 up to 3 million lbs. With low PH ISR they will have a higher grade of Uranium, Less cost to produce, will produce faster and and will be getting more uranium from measured resources.

    Low PH ISR positive result news will be the 10 years worth of waiting and will run the stock to similar gains to its rivals.
    Remember $pen started to break out a few weeks before Fukushima after it had good news from Lance project. Now is the Time.

    $Pen is the Only U.S. Producer authorized to use low PH ISR, They have 0 debt, Low restart cost, and will be the only ASX listed stock to take advantage of the U.S. Uranium buying from the U.S. Government.



 
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