PEN 4.76% 10.0¢ peninsula energy limited

there is movement., page-33

  1. 1,887 Posts.
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    auto , this could easily run to high 4's on sml and finance expectations alone . If the Cr occurs it means the sml and finance have , opening the gateway to production . This dilution will not see the sp retreat to CR price as it breaks the chains that separate a spec from a producer creating revenue . Also technically as I charted at 2,3 ,the 2.4 -2.5 once broken became support. next resistance was 3 which we went straight through and relatively easily I might add , i'll throw up another chart tonight . if we hold three next couple of days ( has been huge support like 2.4-5 over the pen years ) history shows pen will make a very quick move into the 4's .

    gl to all
 
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