IMO PEN have plenty of potential - though don't seem to be doing...

IMO PEN have plenty of potential - though don't seem to be doing anything real.

It is all great picking up new tenements, though what is the point if you are not even extracting the potential of the ones you already have!

If they don't show signs of getting a move on this will slide closer to 5c - too dead in the water and sliding backwards to attract any interest without great results.

I took my PMH and SPP shares/options though have since sold much of my longer-term shares when my stop-loss was hit and now have a much smaller holding, making use of the money which has almost doubled in AGO and POLO while PEN has continued to slide. Will buy them again if SP falls below 5c.

I'm starting to get the "AEX" type of feeling about PEN.