PEN 10.0% 11.0¢ peninsula energy limited

Pen General Discussion, page-324

  1. 191 Posts.
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    Yeah and thts why everyones scared of PEN and for good reason - when you know that every other geology in the state/region uses alkaline because its alkaline dominant geology… and these guys are like oops turns out our rocks are more acidic so congrats we can use low ph!!! The very best method… look see lab results (ironically the alkaline lab results were great back in the day to). Then they go and do a field trial and find they need to use alot more acid just to get a lower yield… I can understand the skeptics. Alot will be wondering who much of all that geology is amenable. Another negative rant! On the positive side, the CEO is literally the main man when it comes to guru of wyoming ISR, understands/has experience in low ph, is a very conservative personality which definitely hurts our share price in the short term, but he’s done everything he said he was going to do for the last two years and all within an acceptable variance to initial target and if this low ph works then this stock is very undervalued. Hopefully we get our first strong indicator within the next week or two.
 
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