PNA 0.00% $1.84 panaust limited

Gold price and Aussie dollar falling together is not so great...

  1. 119 Posts.
    Gold price and Aussie dollar falling together is not so great for PNA.

    For those that followed OXR all those years back when it was a penny stock it took forever to see the sepon mine valued at anything near its potential despite Owen Hegarty or any other of its directors buying stock or discussing the companies potential at broker meetings, conferences etc.

    PNA whilst quite different has had some fantastic results , is in a good location , and is not going to rally in a market that is getting smashed from the direction of the dollar, the gold price and the general market direction itself.

    It may however be an opportunity for a bargain

    I dont hold PNA as yet as I am negative on gold , but if it does rebound Id be keen on PNa as a good stock to accumulate on current weakness if i did .
 
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Currently unlisted public company.

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