PEN 3.33% 14.5¢ peninsula energy limited

new year approaches

  1. 37,633 Posts.
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    Howdy all

    It has been an eventful year, with the credit crunch slowly dying and the price of PEN hitting a low with a nice recovery.

    There has been discussion of the share price being coached and perhaps with the change in holdings there may have been some truth in that proposition. All conjecture as we know.

    The usual members have been postive with a good supply of concerns to kept it a slightly balanced forum.

    The detective work has been excellent with some real hunters (sniffers) working on this stock. Well done!

    Announcements have been regular and appear to point to a successful future. Though we know any thing can happen in the exploration industry.

    Future Vision (4 years time):

    PEN has started production in North America, this is being done by the company with no outside money. Further proving of resources is a continuous objective. A long term contract is signed with a power utility.

    South African interest/resource has certainly been promising, Looks like a JORC will be released earlier than expected, perhaps 2014. This is due to the money coming in from North America and the concentration on one area.

    A nice 5cent dividend is given after the share consolidation. Small investors are quite excited.

    By this time some major players are trying to take control, but this seems not possible as the majority of small investors and directors are looking to the long term.

    As you can see dreaming is fun.

    All the best to all and may your dreams come to fruition.

    Always dyor
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