might be of interest to pna followers, page-5

agreed roleyman - a stockpile needs to be viewed as a surplus.

LME stockpile grew by a further 4450t to 466,075t overnight and the copper price didn't disappoint by rising to $US3.15/lb.

well i've read any number of theories, adopting and dismissing many along the way - none of them stand up to any reasonable test.

i jumped out of PNA at 545c on my copper concerns and missed the run up to 60c so i jumped back in again at 565c - again i stress proceed with caution but if you had jumped out when alarm bells were ringing as the LME stockpile reached 400,000t then you would have missed out on PNA's rise all the way from sub 40c.

ride it while you can.