The July competition is not yet 1 hour old and I am already 1.35% up on this little yapper.
All this kerfuffle is contagious.
Kurmon Da Pen.
gg
High grade results returned for Uranium and Molybdenum include:
DH 06F0866RC - 4.9 ft @ 4,022 ppm U3O8 and 1,313 ppm Mo from 205.1ft
DH 06F0866RC - 1.6 ft @ 6,170 ppm U3O8 and 6,160 ppm Mo from 229.7ft
DH 06F0864RC - 23.0 ft @ 1,849 ppm U3O8 and 1,081 ppm Mo from 280.5ft
DH 06F0158RC - 19.7 ft @ 804 ppm U3O8 and 465 ppm Mo from 62.3ft
DH 06F0479RC - 4.9 ft @ 1,251 ppm U3O8 and 2,548 ppm Mo from 157.5ft
DH 06F0432RC - 1.6 ft @ 2,594 ppm U3O8 and 490 ppm Mo from 36.1ft
●
Some handy numbers in those drilling/assay results ......
QUOTE:- "these latest results confirm that the high grades and positive
correlation between Uranium and Molybdenum mineralisation extend across the entire
historical drilled area."
No change. 5c still the target. More (decline) to come.EW is still suggesting a short term target of 5c...
EW is still suggesting a short term target of 5c. So I'll be interested to see what happens next week... sorry HS. I'm happy for EW to be wrong though - for all those holders.
No change. 5c still the target. More (decline) to come.
The US Geological Agency, which also estimated the magnitude at 7.1, said the offshore quake hit at a depth of 10 kilometres in the same general area as the 9.0-magnitude quake of March 11, which triggered a massive tsunami.
Advertisement: Story continues below
Tokyo Electric Power Co (TEPCO) said it had not received reports of any fresh problems at the crippled Fukushima Daiichi nuclear plant after the latest earthquake.
"We are still checking details, but cooling of reactors is continuing," a TEPCO spokeswoman said.
Read more: http://www.smh.com.au/world/tsunami-advisory-on-japanese-coast-20110710-1h8im.html#ixzz1RgFlxcgH
No change. 5c still the target. More (decline) to come.
imo quite bullish today - had that quick test of 7.7 resist, bounced off as with all first tests. May have another go at it this week.. or even today!
No chart, just baseless rhetoric as usual.
Perhaps the charting geniuses here can please explain how PEN will go to 5c, when even the biggest media fear driven frenzied selloff post Fukushima couldn't get it below 5.6 and even then it bounced hard, albeit falling back to 5.9 (higher low) before now going again today to 7.8.
The MACD cross on the 24/6 with the OBV on steadily rising volume (not trader spikes). With some of the best and most significant fundamental information about to come out.
5c???
I will place my neck firmly on the chopping block.... You are wrong, very very wrong! and GG will win the tipping for July
None of which will stop the crap posted here of late I am sure. Regardless my 6.1 buy on the 16/6 just looks better every day, and will look much better again in the next few months...IMO of course....
BMN getting a takeover from the Chinese + carbon monday have to be pretty good for uranium stocks...But not for me as my stop in PDN is tagged.
Also not sure about whether FIRB will like the idea of the Chinese buy Aussie uranium player...
gg sorry for the silly Q but what is penoc?I found them quoted on yahoo,but not on google fin.Asx search says there are no oppies on pen.Thanks.
Make the most of being able to access that cheap cask, gg. The nanny state appears to be about to introduce a floor price on alcohol which will render the now cheap casks about three times more expensive.It's a punt. If I win, I win. If I lose it's not the end of the world. I'll just have a good drop from a cheap cask and a cigar,
Make the most of being able to access that cheap cask, gg. The nanny state appears to be about to introduce a floor price on alcohol which will render the now cheap casks about three times more expensive.
The reason for this is the asinine suggestion that the aborigines specifically and other alcoholics will immediately desist from consuming this cask wine, their alcoholism magically having disappeared as a result of the price rise.
More likely they'll switch to other forms of alcohol which will, in quantity, be more harmful, or even seek solace in metho.
Meantime, many pensioners and others on low incomes, or for that matter just those who are happy to drink cask wine, will find it priced out of their budgets.
What elitist, illogical utter nonsense.
(apologies for diverting the thread)
You and me both GG
I added another swag of PENOC to my kitty today after waiting at 4.1 for a week
Agreed Julia....Australia is going backward at a great rate of knots. Over regulated nanny state mentality. Whatever happened to "taking responsibility for ones own actions"?
Hopefully the pathetic, she'll be right attitude of the Australian community wakes up before the minority interest groups (that control) do too much damage.
Democracy = Majority Rules (Except in Australia, where vocal minority groups call the shots and the govt (of all persuasions) jumps in knee jerk, ill thought out manner.)
albaby,
PENOC and PENOA are company issued options. They have a life, and are traded on the ASX as regular shares are.
e.g PENOA shortly expires and then the folk who own that have the right to buy PEN shares for whatever it says on the PENOA documents. I don't know. A few cents. But soon.
PENOC is a longer dated option , some years, same deal though, in a few years.
gg
I would like to remind everyone posting in this thread to please refrain from provoking or attacking other thread participants. Remember, there is no need to refer to others personally. Please just respond to the content of their posts.
You may read but taking it in seems to be a failing...
PENOA - Exercisable at 3c by 30th June 2012 (soon??? I don't think so)
PENOC - (cost 1c, I was called a fool for taking up the offer...twice lol, as other "fools" didn't think it was worthwhile) Exercisable at 3c by 30th June 2015
PENOC would make me rather well off to date (if I sold)...and will make me even more so.
Cheers,
Foolish, tealeaf reading, PEN investor
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