PEN peninsula energy limited

You3...and others...please read ..this is not a Swiss Bang New...

  1. 2,500 Posts.
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    You3...and others...please read ..this is not a Swiss Bang New technology...this technology is widely used in the uranium mining industry...in fact the largest producer in the world uses it in Russia ...and one reason sales are dropping from this mine in Russia is that Putin needs the acid to produce explosives in his war with Ukraine and supplies of the acids are not available in quantity for the mine...Nitroglycerine used in cordite ,dynamite and other explosives is made from acids and glycerine.

    The present voting machine of the "Gambling Traders " in for a fast game will continue to dominate play ..until the overhead supply is greatly diminished ...as buying increases by institutions and the longer term buyers soak up the supply .

    This short term volatility will pass ..and shares will move into more solid hands as time passes ..the stock will tighten ...and the price will rise as normal in undervalued shares...Yes I agree when production starts more shares will be bought and held by institutions and long term players.
    Enjoy the volatility ..Volatility is always highest "at major turning points"and traders love it.
    All the Best to All
 
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