re: 4m buyer pls move up to 30c... PNA has not had as good a run...

re: 4m buyer pls move up to 30c... PNA has not had as good a run over the past 12 months when compared to many other stocks which have doubled, trippled etc. The market is a funny thing, as it rates speculative stocks which are just exploration plays and have nothing tangible to offer, a lot higher. However, once a company moves from exploration to producer, a lot more emphasis is placed on them to perform - raising of funds, plant commissioning on time and on budget, rampup, generation of cash flow, profits, etc. PNA is not a daytraders stock but more for the patient investor whose timeframe is 2+ years. PNA management take caution in putting out announcements and are not their to hype the sp for the sake of daytraders. Major shareholders are institutions who control the stock. Have a listen to the audio tape and announcement released on Monday giving the go ahead to the project. management stated that once funding is finalised they believe the stock will be re-rated with the likehood of entering the asx 200. Oxiana's share price has only really exalerated over the last 12 months and before that it was around the $1 mark. As with many companies, once they get to production rampup, they take off all of a sudden. PNA should do the same but not today - in say 2 years time it could reach the 87c valuation published last year by a broking firm which included the copper/gold operation. For those who are patient and happy with a 200% increase in say 2 years its better than a managed fund. I like PNA, its project and management style.