It seems that right now we tale two steps forward and one step backwards...how much of todays selling do you reckon was because of Compass Resources going into administration and starting another new wave of doubt and anxiety for the junior miners....there will be more to follow for sure but I dont think PNA will be one of them....i think the market though is not certain about this....
PNA needs copper to be solidly back up above $1.75 a pound before any meaningful and sustainable gains can be made in the shareprice...in the short term a refinancing of the debt would give a nice boost. Honestly I was a bit disapointed that the cost of production was not in the 90 cent range last quarter
poor old pan
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