brokers buy report, page-3

re: capital raising - issuing more shares! Looks like CSFB had a different investment strategy whereby they intended to sell at announced completion of the feasibility study to the market. Don't think it is a big deal. Pretty normal. Easy way to make a quick gain and move on. You can tell that by the purchase date 15-Mar-06. Just in it for a quick gain and probably identified another one somewhere else.

Some see it as a point to go and others as a point to come in. I saw it as a point to come in and so did a lot of brokers. Much less project risk once the BFS is complete. I am doing exactly the same thing as CSFB on another stock RED. Planning to buy a few weeks before the BFS comes out and then move on. PNA has less risk though that's why I will stay around as its got both copper and gold compared to RED who have just gold.