Australian (ASX) Stock Market Forum

PEN - Peninsula Energy

Re: PEN - Peninsula Minerals

MalteseBull said:
awesome announcements today!

10c here we come
Bullish call there. On what basis do you make this call, for PEN shareholders I hope you're right. PEN has a very interesting story.
DYOR
 
Re: PEN - Peninsula Minerals

greggy said:
Bullish call there. On what basis do you make this call, for PEN shareholders I hope you're right. PEN has a very interesting story.
DYOR

well i am not close from it now

6.6 cps

should open around 7-7.5 on Monday no doubt

i am going to accumulate more
 
Re: PEN - Peninsula Minerals

MalteseBull said:
awesome announcements today!

10c here we come

maltese

why are these anns so good for PEN? apart from only being able to read one of them so far, all i understand is that PEN have sold a potentially good gold project to SOMEONE ELSE!

please tell this newbie why you see this differently, i wanna get educated

cya
 
Re: PEN - Peninsula Minerals

Yeah thats wat i'm thinking too IMO
it mite have a small fall tm but should be on the move up. Looking at its depth, a few million sellers at different prices on the wai up but dun thikn it should be too hard to get thru those in a few days.
Prob lookin at a high of 7.4-7.5 but could go a bit past maybe IMO
Volume is picking up too
 
Re: PEN - Peninsula Minerals

SevenFX said:
PEN moving along nicely up 15% and 25m in vol.
All time high close yesterday, no overhead resistance now, im not suprised by the action.
DYL maybe the next one to go off... :2twocents
 
Re: PEN - Peninsula Minerals

toc_bat said:
maltese

why are these anns so good for PEN? apart from only being able to read one of them so far, all i understand is that PEN have sold a potentially good gold project to SOMEONE ELSE!

please tell this newbie why you see this differently, i wanna get educated

cya

did you see today's price, say no more

wish i was still holding though :-( killing myself
 
Re: PEN - Peninsula Minerals

Maltese bull

What do you mean still holding? when did you sell? I thought you where the only longterm bull on this stock?

I sold out 2/3 of holdings on friday thinking i was a gun getting 6.9cps - DOH

Aside from all that, what the hell? No anouncement or anything and up 25%

Wheres the query? Or do they only issue those for 50%+ gains now?
 
Re: PEN - Peninsula Minerals

Maltese interested to read you no longer held pen,i thought you were the leading bull when it came to pen.Anyway i hope you found a bigger fish to fry,and you made $$ on the way up.one would think a speeding ticket may be
issued tomorrow up from 0.061 to intra day 0.091 today, 3 days trading 50% gain and no announcements ????? hmmm
 
Re: PEN - Peninsula Minerals

I pulled my partial sell order @0.085 and walked away for a while.
Came back and it's 0.09.... :D

Hmm, 50% in 3 days.... Maybe I should sell some tomorrow...
 
Re: PEN - Peninsula Minerals

Hey everyone,

This one is breaking off a long term resistance.

I was lucky enough to go on holidays & came back this afternoon, if I was in any day last week I would've sold :)

Volume is good but didn't explode as yet, tomorrow is a tuesday & possibly there will be some tricks played & may test new highs.

I'm happy i got in late 5c, even that I should've got in at 2c couple of months earlier :D but looking at mid 7c & I can almost bet that there will be a good fight for these levels as a support, as far as we all can see.....it's all clear skies at the moment.

There is a rush to get more shares from big guys, they're taking on higher & they like big sell orders & not afraid of them, could easily tell that some news are on the way....may be after the speeding ticket!! :D

cheers,
 
Re: PEN - Peninsula Minerals

clowboy said:
Do you trade from america? Or have you just forgotten what day it is in your excitment?

:D , no i'm in sydney, too much alcohol in NYE probably.

yes.....tomorrow is wednesday......could have some tricks as well :)

cheers,
 
Re: PEN - Peninsula Minerals

Speeding ticket to PEN.
Today's price may trace back, but from the volume of yesterday, the draw back will not be big.
 
Re: PEN - Peninsula Minerals

Gone out today on 9.2c, won't be shocked if it reaches 13c this week, so i'm willing to reenter if we could see some selling! so far all the buys are pushing it higher with no real sells, so i'm expecting a fall back to early 8c for profit taking then I can re-enter, on the same note, still won't be shocked if it kept going higher!

will be intersting to see if end of 7c will be tested or if buying power will push it higher without a test.

cheers,
 
Re: PEN - Peninsula Minerals

Huge Uranium ?
PEN in its Nov.27 ann. :
Site 22 : 18 sursace samples turn out average 1,899 ppm Uranium, including the Max. 27.780 ppm U., while Molybdenum averaged 373 ppm.
Site 29 : 17 sursace samples turn out average 3,231 ppm Uranium, including the Max.15,369 ppm U., while Molybdenum averaged 613 ppm.
 
Re: PEN - Peninsula Minerals

From Friday's trading, sells are coming bigger & more than I expected, I'm actually starting to think that some big long termers are realising some profits not just the short term traders, which I can't blame them for since history shows that drops could go as ugly as 2c!

I was very close tor re-enter at end of 7c but i realised that more are pushing it lower & depth is not showing any real buyers, which imo means that it still has a bit to go downwards & no one is willing to support it as these levels as yet!

Technically, if last low was approx. 6c & since current high is higher than last high, then I think a drop up to 6.5c should still keep it intact although we all know it will shake a lot traders & longs in the way & it will look really ugly if it does go that low.

Another big week to come ahead in PEN imo, on the weekly chart there is a very tiny gap between 6.9 & 7c that could be filled & it had 2 consective white candles, which most likely will mean that at some point or another it may drop to even fill that small gap or to collect energy for another move higher ..... in both cases it would be only logical as we can't expect any share to just keep moving higher & higher on weekly chart with no pull back.

This week could have amazing opportunities to top up or re-enter imo & if we are to try to predict, it will have to slow down & move sideways for at least 2 days before it starts to move higher again.

cheers,
 
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