The ambassador to India said Wednesday he hoped a landmark deal...

The ambassador to India said Wednesday he hoped a landmark deal on nuclear energy co-operation with the US could be sent to congress for approval in September.

Just another positive sign that PENs future is looking garanteed.

Once PENs Lance project gets Jorced, I beleive that the management will have some tough decisions to make. Because having such a large resource in probably one of the most favourable areas to mine uranium in the US, theres a very strong chance that they will be presented with a very inviting offer on lance, by one of the major players.

I sure this will be the turning point for PEN as far as the direction they will take us, they have pretty well highlighted to all of us that they are pushing towards the production side of things, but I can imagine that an offer on Lance would be very inviting indeed. Either way it would be a very good situation that us and management would find ourselves in.

Its very much looking like the overall market has bottomed and even more so the Uranium sector. So imo for what its worth, hold on, because I think we are just about to see the revival of the junior uranium sector. PEN being very well positioned to take full advantage.

Cheers NK