some decent accumulating going on..., page-10

re: pna going toward 60 cts Hi Mark,

Good to see you still here.
Just look at the gold price now being at US$670 per oz.

Once in full production the Phu Bia goldmine should give us 60 000 oz per annum.

With a cash cost of around US$200 this will be a profit of around US$28 million per year.

Now thats a good bargaining chip for some more debt to fund the Phu Kham development.

We could see some pleasant suprises coming from PNA imho.

I will be holding for some time to come.

jojo