boggo i AM NOT TALKING ABOUT HISTORY -I am talking about future so maybe you are one of the smart ones.
now tell me about the future ?
PEN - Peninsula Energy
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boggo i AM NOT TALKING ABOUT HISTORY -I am talking about future so maybe you are one of the smart ones.
now tell me about the future ?
cheers madJohn... I was just looking at http://www.mininginvestor.net/uranium-spot-price-chart/ . When you overlay PEN and this the movements seem very similar. Perhaps I'll wait for a turn around on the uranium price before i get back in?
However, looking back through PEN's chart it always seems to bounce back off 2.4-2.5 though this was happening when the uranium price was much higher.
Are you in at the mo?
However, looking back through PEN's chart it always seems to bounce back off 2.4-2.5 though this was happening when the uranium price was much higher.
Are you in at the mo?
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Dengo told you the future back in Feb on here...
https://www.aussiestockforums.com/f...=5004&page=144&p=756893&viewfull=1#post756893
You didn't listen to him so I don't believe that you would listen to my ramblings. How many times do you need to be told ?
PLS people talk alot in forum -I never listen to anyone except if we directly talk -yes sure I listen to stranger but never seriously cos i could be listening to someone wearing his underpants for a week or more.
I am in big time-if you want a buy at the moment -don`t` chase, let the seller come to you??their is someone selling in drips(don`t really know their action)
as for timing not even Jim Rogers can get it right. good luck and have a look at POH,another of my favourite.
Penoc mighty cheap now. 1c maximum loss with 2.5 years+ to expiry.
Still, what has this company got unless the U price recovers? More manipulation from its largest holders with a little inside help? Must be gonna come up again at some stage, probably within 12 months... they will need to get back all the cash they poured in last year... unless its going to have been recovered via shorting...
Still, what has this company got unless the U price recovers? More manipulation from its largest holders with a little inside help? Must be gonna come up again at some stage, probably within 12 months... they will need to get back all the cash they poured in last year... unless its going to have been recovered via shorting...
Garpal Gumnut
Ross Island Hotel
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I must admit to having accumulated a million PENOC after selling an old Fairmont to a callow youth.
I trust I enjoy my "investment" as well as he does his motor, which has been well maintained and trustworthy.
PEN I trust is as well watched over by the ASX.
It is more in the realm of a Singleton brainfart at NSW Racing than an ASX bet, though, and if my ship comes in, I will argue it was a calculated decision.
Anyone buying PEN instead of PENOC needs their head read.
gg
Country Lad
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1c or $100, the maximum loss is always 100% ot simply, total.
Trembling Hand
Can be found on the bid
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I would love to see how the shorts are going to make any money??
Since there is no shares sold short
PEN PENINSULA ENERGY LIMITED FPO 32,500 2,953,426,118 .00
they're on the shortsell list today, and they usually are when I've checked in previous times. however it's previous shorts that would be making money, plus there was the suspicious rumour thats now been censored on hotcopper - regarding share lending between some of the major holders of PEN and third parties.
Again, I'll say the U price being in the toilet at $40 is the major problem, but what gives me confidence is that pretty much every year at some stage PEN pulls something out that makes it go up greatly, altho its ALWAYS dumped on back down again.
they're on the shortsell list today, and they usually are when I've checked in previous times. however it's previous shorts that would be making money, plus there was the suspicious rumour thats now been censored on hotcopper - regarding share lending between some of the major holders of PEN and third parties.
Again, I'll say the U price being in the toilet at $40 is the major problem, but what gives me confidence is that pretty much every year at some stage PEN pulls something out that makes it go up greatly, altho its ALWAYS dumped on back down again.
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Nothing we can do about U price - the market will fix this once the surplus is taken out.
Next big things that will move this along is the announcement of the SML in early December, and a sales agreement somewhere around that time. This will open the Blackrock wallet for $22M (debt funding - senior secured notes), and stave off the CR that will take place if we don't get these announcements in December!
They will also then announce their decision on the second $80M funding to build the infrastructure.
The Wyoming Business Council ID bond will supply the "first" $70M, but possibly not first if you know what I mean - beaurocrats need time!
If all that happens then the last of the doubting Thomases will have left us, and the SP will reflect the change in sentiment.
Until then we're going to be muddling along like we are now I'm afraid. Great time to accumulate if you have big Cohones.
Next big things that will move this along is the announcement of the SML in early December, and a sales agreement somewhere around that time. This will open the Blackrock wallet for $22M (debt funding - senior secured notes), and stave off the CR that will take place if we don't get these announcements in December!
They will also then announce their decision on the second $80M funding to build the infrastructure.
The Wyoming Business Council ID bond will supply the "first" $70M, but possibly not first if you know what I mean - beaurocrats need time!
If all that happens then the last of the doubting Thomases will have left us, and the SP will reflect the change in sentiment.
Until then we're going to be muddling along like we are now I'm afraid. Great time to accumulate if you have big Cohones.
The depressed spot price for U is the best thing that could happen for PEN at the moment.
The more projects put on ice or not proceeded with like BHP with Olymic Dam, the better the supply situation for PEN in 18 months time. Keep stretching that rubber band until POP!!! The PEN SP will fly past 30c IMO.
I have not been increasing my position of late as I still think we have all year for the price to trend down further....but getting closer.
Kiril
The more projects put on ice or not proceeded with like BHP with Olymic Dam, the better the supply situation for PEN in 18 months time. Keep stretching that rubber band until POP!!! The PEN SP will fly past 30c IMO.
I have not been increasing my position of late as I still think we have all year for the price to trend down further....but getting closer.
Kiril
"Cameco Corp. is just months away from opening its Cigar Lake uranium project, the world’s second-largest high-grade uranium deposit..."
Mar. 05 2013
http://www.theglobeandmail.com/globe-investor/cigar-lake-nears-startup-as-uranium-price-recovers/article9312744/
BUY when it is unloved.thats when you make BIG money!
http://uraniuminvestingnews.com/14641/why-a-uranium-renaissance-looks-inevitable.html
http://uraniuminvestingnews.com/14641/why-a-uranium-renaissance-looks-inevitable.html
"...the uranium price could stagnate at current levels for many years, much like it did after previous nuclear incidents.
Japan may not restart its reactors, preferring instead to seek other energy alternatives, and reactors currently under construction could still be cancelled or postponed.
That is not good news for ASX listed uranium miners..."
http://finance.ninemsn.com.au/article.aspx?id=8659737
Japan may not restart its reactors, preferring instead to seek other energy alternatives, and reactors currently under construction could still be cancelled or postponed.
That is not good news for ASX listed uranium miners..."
http://finance.ninemsn.com.au/article.aspx?id=8659737
SO WHICH ONE WILL YOU LISTEN TO??
http://finance.ninemsn.com.au/newscolumnists/rudi/8664222/this-tiny-mining-sector-is-about-to-soar
LOL...he wrote this 2 years ago!
“Is it time to get back in? The answer is yes...Uranium demand will only be going up from here.”
http://www.investmentu.com/2011/July/nuclear-stock-investing.html
Oh, and here's PEN's chart for the last 2 years, no reading required...
