I am pretty sure they have got cash in the bank orchard, but...

I am pretty sure they have got cash in the bank orchard, but drilling and feasibilities burn it pretty fast.

Insolvency not normally an issue for this sort of stock as they keep hitting the market for new placments.

And that is the issue for any PNA holder. Placements will continue to happen and dilute the long term holder. PNA have been drilling and announcing results for the last six months and the share price is not exactly on fire. Their current program must be nearly over.

I wouldnt be looking at this stock until their prefeas result is out. Will give you an idea whether there is a project is there or not. And in Laos it will need to be a strong one.

acturtle