The only thing that is positive from where I sit, is that all this dreary nonperformance, marginality and own goals is happening at the bottom of the cycle and it is largely being lost amidst the mediocrity of the entire gold sector. As every day goes by, and as Spec and wassa advocate, hopefully not only the golden tide lifts PNR but it begins to become a point of difference for a choice as a successful mid-cap gold producer.
As the Money of Mine men pointed out with Ora Banda receiving money for lithium assets just before the carnage, PNR too perfectly timed the sale of its lithium rights for $40M. Maybe its luck is finally changing.
PNR Price at posting:
4.2¢ Sentiment: Buy Disclosure: Held
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