Imho this is all part of the cycling of sentiment which allows the brokers houses to continue to scoop up the gravy.
A few weeks ago, they were all BUY,BUY,BUY. Now AFTER exuberance and the sp has peaked it's back the other way, a bit like rocking a boat. The run up to 85 or whatever was premature and irrational (as markets are by inherent nature), and soon we"ll probably see the reverse for a while, in a cloud of doom. I saw a couple of days ago that the (cyclical) downgrades for OZL had begun.
You've got to be a bit tolerant of the brokers, it can't be easy making million $ incomes peddling swings of sentiment.
Phu Kham is the important base for PNA, but the future is in building new mines, mostly based of exploration.
EL
PNA Price at posting:
$3.78 Sentiment: LT Buy Disclosure: Held