I feel PNA now looks bearish, PE 12, most other resources are lower so PNA might have further to fall...will consolidate at its low for a few days I have indicated on previous posts this may be around $2.80 (only my guess) then hopefully will bounce up hard....I hold and will moderatelly accumulate below $3.00....
If it re-tests its lows of last year at $2.40 and holds, It would suggest a great buying opportunity.....China slow down will pass, Copper supplies are falling,so Copper prices should hold firm
Any weakness in this stock I believe is a good buy if you like resource companies.
MGX is another company which also offers great value once sentiment re-bounds.
I hold both, as always investors do your own homework!
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