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Peninsula Energy Ord Shs PENMF

Peninsula Energy Limited is an Australia-based uranium mining company. The Company operates through three segments: Lance Projects, Wyoming USA; Karoo Projects, South Africa; and Corporate/Other. The Company owns the Lance Uranium Projects in Wyoming, United States. The Lance Projects is the United States-based uranium project authorized to use the industry low pH in-situ recovery process. Lance holds a defined JORC (2012) Compliant uranium mineral resource of 53.6 million pounds U3O8. The JORC-compliant Resource Estimate for the Lance Projects is 53.6Mlbs, calculated by applying a combined constraint of a GT of 0.2 contour and 200ppm eU3O8.


OTCQB:PENMF - Post by User

Post by monstapeakeon Jan 17, 2021 10:27am
266 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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