copper commentry, page-5

Goldman Sachs values PNA at 45c in their latest market valuations. Assuming Golmans has no idea, and we discount their valuation by 50% - we are still currently priced lower. I would be surprised to see PNA go less than 15c for an extended period of time. However, in the interim, you have got irrational investors who cause the stock to fluctuate - it is this behavior that makes you money not necessarily the fundamentals. But if we want to talk fundamentals, how about the fact that humans keep increasing in numbers around the globe, at some point, we are going to have to build the infrastructure for them.