I have heard some industry goss that the PNA copper-gold BFS is struggling. I cannot elaborate and yes sure its just chat and cannot be substantiated. Take it or leave it. But would pay to keep both eyes open and not be blinkered that is only blue sky here. A break below 21 cents would look grim on the chart.
EQN market cap $80m with a fully financed 18 mtpa project (with Uranium sweetener?)
PNA market cap $170m with a 12.5 mtpa project still in feasibility (with gold project bitter pill?)
One of these is out of kilter. Which one? I dont know. Maybe EQN is way too cheap. Mr Market will tell us eventually.
I hold neither.
acturtle
PNA Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held