We all invest within our limits. To trade in the markets without doing so is dangerous and should not be considered as investment but rather gambling.
When I buy I consider all the aspects of a share. The management, the current market capitalization, potential resource upgrades and further expansion of th company in general. When you are happy with these things and how you run your investment portfolio then you will not be bothered by such minor fluctuations in share price.
In my opinion PNA is a solid company with good management at the head. Well placed in the market that is buying copper futures at close to $4.40/lb with production costs of approx $0.90. That is a hell of a good spread. Giving a lot of capital for expansion. I hold my confidence in the management team to close the deals on more projects and continue the expansion of this company.
PNA Price at posting:
$4.23 Sentiment: LT Buy Disclosure: Held
