i tend to agree. Institutions are still very sluggish though to buy the juniors. I speak to a lot of people in the market and most are quite frustrated with the length of time it takes to get a placement done in a junior gold stock - and these guys will buy biotech in a blink. Talk about bear market conditioned investors!
PNA looks really good and I would expect it to trade around here for a while until the daytraders are out. Either way, the company has broken new ground on its Laos assets and I would expect new money to look seriously at it now. Nice to see.
PNA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held