Nice find beaver,Two snippets that stand out for me when I look...

Nice find beaver,

Two snippets that stand out for me when I look at my PEN investment.


TER: So how can an investor decide whether to put our money into companies that are fluctuating based on a few people in a room or on a conference call deciding what the spot price is?

MF: That's a good question. I think you've got to look for uranium companies of value. Look for potential developers or explorers in the right part of the world and pick companies that are going to be viable no matter what the spot price does.

and

TER: So how should an investor interpret this risk?

MF: It just makes me more bullish on North American prospects for uranium. As I say, I invest in uranium companies that are located in North America, that operate in stable parts of the world, and that are not involved uranium plays in Africa or Asia or Kazakhstan or other relatively unstable places. Although I am willing to invest in gold companies in countries with geopolitical risks, that is not the case for uranium.

NK