PAN panoramic resources limited

Hi Pushi. I cant advise what you should do,however i think most...

  1. 894 Posts.
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    Hi Pushi. I cant advise what you should do,however i think most have caught a falling knife,just go back and look at the outlook given by management for the past 5 years.I believe management are still being paid,which is more than us! I will tell you personally i will not be taking up the rights issue,too many grave concerns here,foremost but not least is the amount of unissued stock also who knows what the right price is,PAN certainly no BHP,the cost of their nickel seems a little expensive to extract,likewise the gold.That makes me a little wary of the assayed levels per ton.I contacted management by email and voiced my concerns but was given a standard spiel about..blah blah,but no guidance or affirmation of confidence..cheers..very wary
 
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