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3.5¢ panoramic resources limited

HI HD, you are spot on. This will not move as long cost are not...

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667 Posts.

91

13/02/23

16:00

Post #: 66219337
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Originally posted by Hingdog: ↑

The TA demonstrates perfectly what is going on, that it doesn't suit your highly biased opinion of what you think should be happening, doesn't mean anything at all

Break 16.5 and a retest of the lows is the probable outcome and that looks very likely here, bearish shape in this base says it's a bear flag ... will it retest the low or make new lows?

Clear distribution taking place and it's not hard to understand why, if PAN can't significantly reduce it's costs then when the AUD nickel price drops, which it will eventually, PAN goes back to care and maintenance. Big money sells when they can, not necessarily when they want to and someone is thinking they won't get enough of a market to unload on higher up so they're starting that process now

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HI HD, you are spot on. This will not move as long cost are not under control. Sad to see this going back to all time low. CEO needs to lift up his pants and drive out excess costing. I wonder what Tomboy will preach..."undervalued and should be at 50cts ;-)))"
I am happy i sold most of my shareholding. to little upside to my liking.

PAN Price at posting: 15.5¢ Sentiment: Sell Disclosure: Held
1 Upvote

0 Great analysis

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