PEN was trying to find support after its massive run and then Fukushima happened. Later, the world markets declined from about April and then later the crash between July and September smashed our share price. To make things worse, PEN didnt (and yet to) release its DFS which was due earlier in the year.
Its not 'rocket science' at all nine lives - maybe you should use your third life and buy into PEN.
We have the following announcements coming any day now:
- JORC upgrade of our Wyoming and South Africa projects
- Permit to Mine for Wyoming project
- DFS for Wyoming project
- Strategic Partner
- Mine Funding
- Mine Construction
- Sale Contracts
- Commencement of drilling at our highly anticipated 'Site 45' in South Africa.
The above coupled with ridiculous Performance Shares proposed for the AGM in a few weeks only spells it out for you - obviously management are ready to release the thunder.
the emperor has no clothes, page-14
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