Dave,
Imho this is all part of the cycling of sentiment which allows the brokers houses to continue to scoop up the gravy.
A few weeks ago, they were all BUY,BUY,BUY. Now AFTER exuberance and the sp has peaked it's back the other way, a bit like rocking a boat. The run up to 85 or whatever was premature and irrational (as markets are by inherent nature), and soon we"ll probably see the reverse for a while, in a cloud of doom. I saw a couple of days ago that the (cyclical) downgrades for OZL had begun.
You've got to be a bit tolerant of the brokers, it can't be easy making million $ incomes peddling swings of sentiment.
Phu Kham is the important base for PNA, but the future is in building new mines, mostly based of exploration.
EL
is phu kham expansion good news?, page-3
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