lower cu price a prelude to pna takeover

It looks like copper prices will stay at around the current price for the next few months due to PRC depleting it's stockpile.

Perfect time for potential suitors launching a T.O bid for PNA IMO. PNA as one of the last major independent producers (with potentially very promising Chilean exposures) is sticking out like a sore thumb as a target.

Can't see FIRB getting in the way either as mines are all overseas.

Saw this interesting article at Business Spectators.

http://www.businessspectator.com.au/bs.nsf/Article/China-copper-prices-debts-commodities-real-estate--pd20111013-MKUXT?OpenDocument&src=sph