I agree PNA is a good one for a long-term rerating .. that is by late 2007. Near-term though I note that today's report says that they are looking at mining some lower grade gold ore because its in the overburden at Phu Bia .. and that gold production might be lower in 2007. The positive spin is that mine costs will be lower and ore reserves will increase .. so its good for the long-term
I own too many PNA by the way.
H
PNA Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held