This was my post when most people were negative on PNR … it’s taken a little longer but appears to be heading in the right direction now … the quarterly will be the real pivot … ounces, mining costs, increasing gold price received.
After this post PNR continued to drift down with a one day rout touching 2.7c ... just shows markets can be irrational at times because 3 days later it was back to 4.2c. It’s been a great trading stock and now is becoming a better investment.
As with @speculator101 I still can’t understand why a mid tier did not get involved in a buyout.
Glad to see you back on the forum.
PNR Price at posting:
7.4¢ Sentiment: None Disclosure: Held
