re: Ann: PanAust to acquire majority interest...
misgivings aside, I wonder why they don't go straight for Nena, the 33 Mt @ >2%? Many of the issues are minimised by going for the high grade resource, but that activity would position the company in the area for a much better understanding of the larger system. Perhaps I don't understand the geology...maybe you have to go through the large low grade system to get at Nena?
PNA Price at posting:
$1.91 Sentiment: Buy Disclosure: Held