Member Info for Tornadotony

Further good news during the conference should be well received here.

A lot of folks are buying as the result of the ATF grant from the Treasury committee is due next week. Will the most promising investment on the table be rejected just before the start of COP26. All and sundry will soon be piling into this and existing investors are hunting for more cash to buy more.

Broader clinical utility. I thought it would be for the treatment with patients who have influenza and Covid-19 together or pneumonia and Covid-19 at the same time. Taking a medication that hits two viruses or more at the same time is acting as a broad effective anti-viral medication. Another broader function is for use by COPD patients who are positive for any respiratory virus and arrive at the ICU.

80,000 shares held as short were recently closed. 50% of all short positions have now closed from the start of the rally from 72p.

87p forms a complete bottom in the Pensana chart. Gateway to 96-97p would then become the next price target area.

Next target 157p area. Next higher low around 148p afterwards.

I would add increase in annual gold production of 25% in 2022 and a further 16% in 2023. This helps off set inflation issues on energy costs. The production is not hedged and the company has no bank debt and is not affected by future rate increases unlike many companies with high debts linked to libor rates. Finally resource conversion to reserves is likely to exceed one million ounces of gold by end of 2022 and deliver an increase in NAV by $70M that should add 5p per share to the existing enterprise value.

https://www.sprottmoney.com/blog/COMEX-Gold-Ignores-Real-Yields-Craig-Hemke-October-12-2021

A good read in what is now happening.

https://www.sprottmoney.com/blog/COMEX-Gold-Ignores-Real-Yields-Craig-Hemke-October-12-2021

At 146p. This share is going back up.

Mumbles

Just heard there are technical meetings on-going within Pensana and we should be updated soon.

Tony

The 30 minute and 1 hour charts have a rising support line currently at 140p. The higher low is now above the 130's.

Looks like 180,000 shares short have recently closed. Overall short position returning to levels seen in late May 2021. Overall a third of the positions have closed of late.

Just spoke on TV and emphasised the next 20 years need $100 trillion in green transition investment. Again shows companies like Pensana are in the right place. I do want Pensana management to keep us updated on the projects at Saltend and the mine and everything mentioned in the webinar being reported on and not just views of external sources on Pensana which is nice to have, but must not detract from the work on the ground.

The UK Central Bank in 2017 had a Miss Hogg appointed from Santander on their committee. She was fired after not disclosing her brother's interest in Barclay's Bank that was being subject to BoE supervision matters at that time. The Treasury select committee was unimpressed with her response when she was summoned before them. Since then UK regs on BoE were toughened up. Nolans procedures on how things look to the public are emphasised. It shows how slack things are at the FED.

Senator Warren is right about that lot.
https://www.politico.com/news/2021/10/04/warren-sec-fed-insider-trading-515024

Quite possibly around the 138-139p area. Will then push much higher and returns for another higher low ( in 140's) and so forth. In the meantime another week and a half passes.

Reverted to previous pattern as a continuation. Long term support line is approaching 14p.

Fed Vice Chairman Richard Clarida has come under scrutiny for shifting millions worth of mutual funds from bonds to stocks last year just as the Fed was embarking on a massive stimulus to support the stock market.

3 out of 12 caught at it.

Fed Vice Chairman Richard Clarida has come under scrutiny for shifting millions worth of mutual funds from bonds to stocks last year just as the Fed was embarking on a massive stimulus to support the stock market. The FED Cabal at work for themselves.