Hi Skul,
A take-over of PNA by a predator or by our Chinese friends at this stage??
I do not think so, we need a bit more then what we have now.
The Phu Kham alone is just not good enough, we need imho at least one other producing mine with a good margin attached to it.
Do not get me wrong imho PNA will get there, and will go even further having a very highly prospective tenement and a HUGE area to prove up new resources, being either gold copper or both.
But the tremedous amount of script that has been issued due to our good friends in need ( NOT ) so now we have to get an even better resource(s) to make up for the huge amount of shares on issue.
PNA will get there and could well become a take-over issue in the future but not just yet imho.
jojo
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