in reality nothing whatever changed for PNA today. It's still got scratchy Au grades, and has a lot of work to do in proving up its Cu reserves - though I'm sure it will eventually make something of itself longer term.
So some broking house comes out with a valution? How many times has that happened to ramp a stock? far too many times I'd say. Like SCE's 'valuation' of IMU last year - and its still stuck in limbo. When punters take a reality check, do you you think PNA will be pushed to 30c? and once again without wishing to bore people too much, I also don't like the number of shares it has out there.
now you can have a go at me again SCD - I'm glad you've gotten back in the money with PNA, but it's been a hell of a long time eh?
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