PNA 0.00% $1.84 panaust limited

a bunch of buy packets at 3587, page-10

  1. 23 Posts.
    Hmm, I'm not so sure (though I hope I'm wrong)... Volumes have been really lite as of the last week or so, and if anything in the last few days the volume has been with the sellers (particularly today)... Averaging 2mil more on offer rather than on bid today, the last couple of days it's been 1mil more... More and more people are saying now's the time to switch from resources back into financials (not something I agree with). That or they figure now that PNA is producing it's unlikely to have the huge gains the small explorers would should they strike it lucky.
    The other thing is that high copper prices have not been factored into the prices of most of the producers either. The other copper producers haven't had the stellar gains and aren't dropping as much today either...
    Just some random thoughts, would be interested to here what others think...
 
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