PM8 0.00% $1.66 pensana plc

Rare Earth Pricing Shanghai and New York, page-337

  1. 3,634 Posts.
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    Investors should not get "Jittery" if they do their homework. There has been nothing material that has been released by the Company in the last year that would justify a pull back. On the other hand we all know that Traders survive on speculation ~ they thought they could make a quick killing by buying into the BFS/Business plan, they loaded up between 140 and 205 and then got caught when nothing was Announced

    As I said earlier the "Traders" are now dumping to recover their cash reserves. We have seen this pattern of Pump Dump repeatedly over the last three years, if you are worried have another look at the Fundamentals and the long term trend line.

    It takes time to bring an Exploration project into production, even though Pensana are doing it at an accelerated rate it could still be a year before we see the first product come to Market. There again if Boris decides to lend a helping hand we could still (just) make it by Xmas.
 
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