analyse the result & the potential?
I won't say they are 'great minds' but Turbo & DDZX think alike here, as I originally posted in the day trading thread
PAN is currently unprofitable
its cost of goods sold (COGS), which does not include other costs, was larger than its revenue last year
today's grade is the same as PAN's reserves therefore unlikely mining this deposit will make PAN profitable
the deposit is 300 metres below & 650 metres away from the current decline (mining shaft) so some CAPEX required
if PAN was not currently unprofitable, I would have held for my life
I struggled to make up my mind whether to buy but there were so many buyers at open I said: "Its on!" But a massive seller took out 32 so I sold at 34.5 soon after
very hard call for me to make
you got to really know the company & its operations (which I don't)
dyor
good luck
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