PEN 5.00% 10.5¢ peninsula energy limited

News: PEN Peninsula Energy Has Agreed To Purchase 300,000 Pounds Of Uranium At US$31.35 Per Pound, page-11

  1. 6,440 Posts.
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    Biden wouldn't know the difference between nuclear and unclear.

    PEN has a long road to travel. Thier technical problems require time to fix. The jury is still out as to whether they can. Wayne knows this but he's paid to promote PEN - he does it pretty badly in my opinion. Metallurgists are lousy spin doctors. I'm one, I know.

    I'm of the view that the general market doesn't pay enough attention to this fact. People like U92Bull and his merry men. Their analysis is so superficial and ill-informed. Be careful of these people.

    I'm still not convinced PEN has or will solve this problem, but I take advantage of the ignorance of the market at this time. At some time, the truth will be known. At that time I'll take a long position or not. Until then, U sentiment will allow trading opportunities. There is cash to be made on hype.

    In the long term, I think there are many other U companies that have better fundamentals.
 
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