river fish kill announcement..., page-8

Hi Folks

Hi Acturtle.

A u/buyer has just turned up today at 22.5. Might be a bit of cat and mouse...who knows..?

PNA is not a penny dreadful, the market cap clearly demonstrates this.
After all it an ASX top 300 company aiming for mid tier status...and well on the way to the 'beginning stages' of that....albeit with real issues to deal with on the way to that goal.

Seems OXR's valuation was being talked down sub $1 by some...where is it now? $1.24.Below 90 cents only weeks ago and a bit down trodden....quick turnaround eh?

It changes very quickly this sentiment thing. Contrarians (with rose coloured glasses) see this.
PNA is ready for a turnaround...in fact its overdue big time.
Everything points to a green light on the copper gold project, the gold pour resume and eventual capacity indicated, and aggressive exploration.

All this with gold and copper prices at current levels or thereabouts.

Taking off the rose coloured glasses it still looks pretty promising.

Several months time will be interesting. Looking for a share price in the late 20 cent range approaching 30 cents by Xmas. And thats the conservative estimate.

Thats my call.