PNA 0.00% $1.84 panaust limited

gold up and copper up strongly, page-4

  1. 4,327 Posts.
    re: extension to the phu kham copper-gold deposit, Hi Folks

    Nice news but a week old. The market has already digested that and has come up with a finish of 24.5 cents.

    Hardly inspiring.

    May is fast approaching and the first gold pour is imminent. The next updates on the copper drilling are within the next few weeks.

    Clearly the market isnt too fussed about it all.

    I thought the PNA shareprice would be stronger than this at this time. Clearly I was mistaken....albeit the volumes are relatively lower than they have been.


    The drilling continues, the resource base has and is expanding.....and still the shareprice flounders.

    I am mindful of what good news does to this company. The last few announcements havent moved it much.

    I wonder if there are some new analysis/broker reports being amended or on the way to reflect the valuations?

    I recall what happened when the last one hit....
 
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