what is so good about this stock, page-7

  1. 1,091 Posts.
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    Hi wal71

    I feel that this SP has settled down the last couple of weeks and is trading in a much tighter range. Previously it was trading with large swings depending on changes in sentiment other than any real fundamental swings in value.

    IMO there will be capital gain in the share price. We now have a single mine co. with low gearing producing what most investors here would consider the best combination of metals (copper/gold). Cash cost are very low per lb of Cu (similar to OZL), however PNA also has the potential to move away from being a single mine producer in the next few years.

    Assuming a decision to develope Ban Houayxai is made at the end in the first Qtr next year.( and the increased resource and low development cost would make it a fair assumption) we would then have by the end of 2011 a two mine co. with a revenue stream balanced 60/40 Copper/Gold Silver. BH has a project Cash cost net of credits of $330 per ounce.

    From here we could move to Puthep and then on to some other potential projects that are comming out of the exploration taking place in Lao.

    This to me along with the proven managments is a platform for steady growth, and therefore shareholder value.


 
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