BB,Appreciate your input and info.If you believe in Fibonacci...

BB,

Appreciate your input and info.

If you believe in Fibonacci PNA sp could go down to about 88 cents.

If you look at the most recent significant low of 66 at 22 jan 08 ,then take the high of 125 on 21 apr 08 apply retracement lines you get the following numbers:

38.2%--102
50%----95
61.8%---88

In a bigger context should xjo200 revisit 5039.6 last seen on 17 march08,will PNA revisit 46.5 last seen on 16 Aug 07,probably highly unlikely.

PNA needs to close above 95 to-day to negate the above proposition .

PNA is a company which hasnot missed a beat in terms of promises etc ,a rare feat in itself amongst emerging mining companies.

Cheers.

Safe trading.