PEN peninsula energy limited

why the run, page-5

  1. 2,180 Posts.
    Trees.... still another good announcement. Unfortunately the whole market not really responding to anything today so dont expect much more than a few points gain then it will continue to drift on no announcement.....this is common with stocks that are at this stage of its life cycle.....I think in all fairness if we just accept that the traders need their weekly meal tickets then it matters not!

    Traders love positive announcemnts as do the long term investors like most of us. The real recognition and "major push" IMO wont come until we have a JORC indicated resource mid 2010 (on target for this)
    This is classic "Buy the rumour sell the fact' for now!!

    there are other factors like 1.3 billion shares on issue so its hard to push it back up with such a heavy script ....The script wont matter in time but for now its one annoucnement at a time and a slow hard grind...Cheers MMM
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.