PNA 0.00% $1.84 panaust limited

its quiet so is anyone game to call an ar?, page-42

  1. 9,506 Posts.
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    Hi Skul,

    A take-over of PNA by a predator or by our Chinese friends at this stage??

    I do not think so, we need a bit more then what we have now.
    The Phu Kham alone is just not good enough, we need imho at least one other producing mine with a good margin attached to it.

    Do not get me wrong imho PNA will get there, and will go even further having a very highly prospective tenement and a HUGE area to prove up new resources, being either gold copper or both.

    But the tremedous amount of script that has been issued due to our good friends in need ( NOT ) so now we have to get an even better resource(s) to make up for the huge amount of shares on issue.

    PNA will get there and could well become a take-over issue in the future but not just yet imho.

    jojo

 
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