Hi Stu some people feel a lot of people are selling off the rights shares they bought of late. well if thats the case I wish they would hold of a bit, that way while the markets are trying to gain some ground every one will win quite a bit more. millions and millions of shares just getting dumped on the sell side amazing, now I'm sure the buyers who are buying have deep pockets, they are not just buying at these prices for the love of it. IMO we will see a much higher PNA price, I just don't know exactly when.
Another point is copper only has to go up another $1.50 more a pound and we reach all time highs again, but even if poc gets to around $3.50 PNA will be absolutely singing in the rain imo... so thats about $1.00 more than where poc is now...guess how much copper has risen in the last 6 to 7 months yup $1.15 ok it was off a low base, but still.... never say never I say :-)
Invest and trade carefully.
Mx
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PNA Price at posting:
38.0¢ Sentiment: LT Buy Disclosure: Held