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Peninsula Energy Ord Shs Def PENMD

Peninsula Energy Limited is an Australia-based uranium mining company. The Company owns the Lance Project (Lance) and Dagger Project. The Lance Project is located in Wyoming, United States of America, operated through its 100% owned subsidiary, Strata Energy Inc (Strata). The Lance Projects comprise the Ross Production Project Area, Kendrick Development Project Area and Barber Exploration Area. The Lance Projects are located in Crook County, in northeastern Wyoming, approximately 31 miles east-northeast of the town of Gillette and extend over a strike length of 37 kilometers (kms) to the north, and over a strike width of eight km. It holds mineral rights and surface access rights over a non-contiguous north-south distance of about 50 km. It has mineral rights over 34,068 acres and surface access rights over land holdings 8,426 acres. The Dagger Project in Crook County, Wyoming lies within the North Black Hills district in the northeast corner of the state.


OTCQB:PENMD - Post by User

Post by monstapeakeon Jan 17, 2021 10:27am
314 Views
Post# 32315213

Uranium stocks on the Move

Uranium stocks on the MoveAfter observing that many of the u308 stocks I own have risen in share price value, I am drawn to the conclusion that this could be a big year for this sector.  Following the sunami disaster in Japan, most of the u-stocks languished for years although there were several false rallies since then.  I hope this is not another one of them.  This company penmf has mining operations in Wyoming and is actually getting the stuff out of the ground and to market.  Given that the USA has become overtly concerned about strategic metals, this stock seems to have a great future.  You can find investor commentary on it by visiting hotcopper.com.au as it trades more in Australia.  Also, note the price increase in palaf as that company's mine at present is shut  in maintenance but could easily open if the price of uranium continues to rise.  Was a big producer and had a price I believe in excess of $50.00.  Hoping my prognostications become true.   glta,  mpke
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