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PEN - Peninsula Energy

Discussion in 'Stocks I-P' started by dingos, Nov 8, 2006.

  1. dingos

    dingos Member

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    does anyone know whats going on with these guys, good looking projects in south australia, wa, fiji, and most importantly South africa uranium, massive volumes yesterday but a subdued looking chart, pretty samll cap too 500million shares at 3.8c ~20mill
     
  2. marc1

    marc1 Well-Known Member

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    Re: PEN-peninsula minerals

    They were mentioned in the fin review in April 06 in an article re one of the top five micro caps with strong prospects. Big move today in price and volume. Might be caught up in uranium hype re South African exploration projects. Hope so, I have a small holding! No other info. :confused: Regards Marc1.
    Vol 73 Mil today, Price 0.044
     
  3. marc1

    marc1 Well-Known Member

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    Re: PEN - Peninsula Minerals

    pen / After hours news release 4.39p.m. on 27/11/06.
    Uranium / molybdenum prospecting rights granted in south africa.
    up 11% in yesterdays trade.
     
  4. ezyTrader

    ezyTrader Well-Known Member

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    Re: PEN - Peninsula Minerals

    need to hold above 0.05 for a good run, imo.
     
  5. nizar

    nizar Well-Known Member

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    Re: PEN - Peninsula Minerals

    Any close at or above 4.7c will maintain the uptrend and is a break into all time highs.

    5.1 is all time high intraday, broken today.
     
  6. ironchef

    ironchef Active Member

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    Re: PEN - Peninsula Minerals

    These guys get very good trading volumes per week. And they've been making some good moves as a company (have a look at thier last 2 months worth of announcements)
     
  7. tech/a

    tech/a No Ordinary Duck!

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    Re: PEN - Peninsula Minerals

    those currently buying PEN please feel free to continue. :p: :cool:
     
  8. Rafa

    Rafa Well-Known Member

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    Re: PEN - Peninsula Minerals

    please explain :confused:
     
  9. tech/a

    tech/a No Ordinary Duck!

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    Re: PEN - Peninsula Minerals

    Thought that was obvious I hold it.

    Just being my normal sarcastic self.

    Duck with attitude!!
     
  10. Rafa

    Rafa Well-Known Member

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    Re: PEN - Peninsula Minerals

    Oh ok...
    I thought it was one of those subtle warnings to stay away from it!
    hehe
     
  11. nizar

    nizar Well-Known Member

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    Re: PEN - Peninsula Minerals

    This chart is looking very nice.
     
  12. tech/a

    tech/a No Ordinary Duck!

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    Re: PEN - Peninsula Minerals

    Nicer today

    I cant believe you and I are the only ones trading this?
     
  13. nizar

    nizar Well-Known Member

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    Re: PEN - Peninsula Minerals

    Yeh i know. The run is far from over with this one i feel.

    Tech, when u have time, im keen to hear your thoughts on FML, another one im trading.
     
  14. SevenFX

    SevenFX Formerly known as 'Tekmann'

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    Re: PEN - Peninsula Minerals

    Tech/A

    How did you spot the breakout at 5.5c, with which tool or were you just scanning with the eyes... does the asx monitor tool catalyst started developing have the feature or is it more expensive to like marketcast...
     
  15. ironchef

    ironchef Active Member

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    Re: PEN - Peninsula Minerals

    I hold this too! They're recent uranium prospect post was awsome.

    They have a huge volume of trading per day for a company of thier size

    I'm hoping they are the type of company that will hit above the 50 cent mark by mid next year... fingers crossed.
     
  16. nizar

    nizar Well-Known Member

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    Re: PEN - Peninsula Minerals

    Break of 4.7c was significant, break of all time highs.
    Volume scans wouldve picked up the previous days and put it on the radar.
    Thats how it worked for me.

    Yesterday AM is was dead 280k volume after half an hour. Couldve took a position at 4.6, stop 4.2. If it broke i would get the upside. But how long until it broke?

    Checked again before close it was 5c+ and volume was there. Clearly a signal to jump in. I did.

    Well thats how it worked for me.

    Like tech said, i couldve anticipated a breakout and took half a position before the breakout and then the other half on confirmation.

    Tech's got heaps of expensive tools probably made it alot easier for him :D
     
  17. tech/a

    tech/a No Ordinary Duck!

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    Re: PEN - Peninsula Minerals

    Tek This is a one minute chart showing my 2 buy points.
    Iron bloody hell I hope your right---doubt I'll hold it that long.
    Nizar Ill have a look.

    $2000 a year is not expensive. Seriously If you were a Carpenter would you buy crap gear??
     

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  18. marc1

    marc1 Well-Known Member

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    Re: PEN - Peninsula Minerals

     
  19. toc_bat

    toc_bat Well-Known Member

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    Re: PEN - Peninsula Minerals

    Nizar,

    What software do you use to perform such a volume scan. And what parameters do you look for in volume? ie daily vol vs average daily for the past 5? 20? 50? days, or percentage increase on yesterdays? etc.

    thanks
     
  20. SevenFX

    SevenFX Formerly known as 'Tekmann'

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    Re: PEN - Peninsula Minerals

    Thanks Nizar for that detailed reply...see I aska basic questions, so still plenty to learn 4 me...
     
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