PPD pan palladium ltd

re: anglo jv I think that the problem here is that these guys...

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    re: anglo jv I think that the problem here is that these guys are a long ways from production and the share price will be announcement driven until a clear path/plan to start up of one or more of their potential operations justifies a rerating of the sp.

    I know that they just raised a very small amount of money, more will be required soon enough. This must be taken into account.

    Having said I feel that the market is low balling the share price a bit given the potential for mining several million ozs of PGMs with base metal credits.

    I don't own PPD, am watching for a break above 27 cents.
 
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