GREY:PENFF - Post by User
Post by
briton Jul 30, 2004 4:03pm
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Post# 7764589
Pleased But ...................
Pleased But ...................Hey Mates,
To make things worthwhile in the risk laden venture mkt., PEN mgt. have to demonstrate a major presence promotionally. Being up a dime is good, but a 4 - 5 bagger from present levels would catch the attention of the market.
My Jetgold did it (a 4 bagger), my Corner Bay Silver did it (a 20 bagger), my Mountain Province has done it (a 4 -5 bagger, but will be a 2-3 bagger from even its current level before yearend), so PEN certainly has the potential. However The small gain we've experienced so far is strictly an indicator, far from being a statement.
I still feel I'll have lots of time to expand my position at lower levels. If I'm wrong, then we're all winners.
Cheers,
Brit