I do not know about PEN and I think it's just speculation. If PALA is buying now you have to ask who is selling and you can buy too!
1. Tin price is good - prediction is higher then $20,000/t
2. We do not need too much money for this project.
3. KAS has huge potential - it's not just 55,500t of Tin we have 120,000t in the ground and drilling will show us more.
4. There is potential of second project only 14km away.
5. The selling on the market is just small shareholders, having said that there were millions of shares traded in last couple of weeks but I think it's stupid to sell now. We will get more news soon and we are not that far from the end of the year. We need good presentation, good Tin price and project finance.
KAS Price at posting:
1.4¢ Sentiment: Buy Disclosure: Held
