PEN 5.00% 10.5¢ peninsula energy limited

hey mudguts no doubt you will be right long term and mid term...

  1. 1,463 Posts.
    hey mudguts no doubt you will be right long term and mid term for that matter, but I doubt politicians will be making any green light decisions in countries that are democtratic in respect to uranium over the coming 3-6 months - there will be too much fear noise around.

    usa has more uranium than they know what to do with, only recently they released excess to clean up sites... to say they are running low, c'mon, that's a stretch if I have ever heard one.

    pen has had a great run due to great mng't riding on the back of the renaissance that hadn't even really resonated in the US - but the hype for now will be on hold but for a few interested parties.

    the dow tonight will determine tomorow and the spot price over coming week/s will determine the next 3mths pricing for pen and others in the sector.

    may present a good buying opportunity for those that missed the last run in the coming weeks - I will be watching to see if that eventuates
 
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