bury the hatchet..wheres the bottom, page-6

  1. 6,010 Posts.
    Well, a few years ago after the 30 cents new issue the share price went as low as low 20's as far as I remember. PNA had just poured the first gold then and reserves were much less that has been unearthed since.
    I am staggered at the low share prices now and find it hard to believe that it could go any lower, But stranger things have happened. It went from the mid 40's to just on 30 cents after the new issue and everybody thought it would go north from there. It didn't but instead slowly deteriorated.
    When copper started taking off, PNA followed suit.
    So my best guess is that we have to keep watching the copper and gold price, as it will determine the PNA SP.
    If those prices tank further, PNA will follow suit.
    God knows where the bottom will be.

    It has been my policy for many years to create free rides and a number of my shares are such. So I can sleep relatively easy, although the paper losses are tremendous.

    So all in all, YES, lets stop bickering and hope for the best. There is nothing else we can do.




 
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