the truth about pen, page-13

I was positive about PEN... but not any more. After what has happened in Japan, like other members' sentiment, "nuclear" is not going to be a pretty word for several months / years to come.

Yes, PEN has uranium deposits only just below the surface. But just like gold mines get shut down because gold prices drop (and it's not economical to extract), why dig up something that's worthless.

Does PEN have sufficient capital to get it to market? Would PEN need to raise capital in future and at what share price? Dilution would be a major factor on the future share price.

I was holding up until yesterday, but after two days of 30% drops, I'm out. Probably never to return. Lost too much money on it... but at least I still have my health. My thoughts go out to the many affected in Japan. They didn't ask to have a nulcear power plant on their doorstep, but they'll have to live with the consequences for many generations to come.