CharchI am with you on this one!! This is just brutal to watch....

Charch

I am with you on this one!! This is just brutal to watch. The main comfort to take is that this could all turn around if the production costs are at or below $1 per pound. Right now the market is in a panic as we all know and prices are not rational. PNA have always delivered the goods and I cannot see any reason for that to change now and feel absolutely confident that production costs will come in as planned. I no longer look at it as having lost money but rather that my plans have been put back 2 or 3 years. Qulaity stocks will come back in time and this is a quality stock without question.

People are in a panic and selling PNA because they are scared production costs will blow out and because they are scared in the general market conditions (me too!!). If production costs are within expectations then nothing to worry about.