takeover offer - up 80% today

and very nice bidder build up to near the offer level of 15c per MMW share equivalent in PAN stock.

US giant anglo american have a large stake in this, and have held it for many years.

will anglo be content to give their shares away for a third of what they were trading for a few years back?

or will they make a better offer for the lot?

a very high quality platinum/palladium play in Canada is on the line, as well as extensive WA gold tenements.

this should get very interesting.