PNA - PanAust Limited
- Thread starter johnno261
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Re: PNA - Pan Australian Resources
Why?
Why?
Andy: These statements need to be expanded upon. If you believe PNA shares are going to rally strongly from this week onwards you have to explain why you believe this to be the case. If you believe the price will hit 50 cents within two days you have to also explain why 50 cents and why two days. Is this a target based on TA, or something else? Why the two day time frame?
Why?
Why?
Andy: These statements need to be expanded upon. If you believe PNA shares are going to rally strongly from this week onwards you have to explain why you believe this to be the case. If you believe the price will hit 50 cents within two days you have to also explain why 50 cents and why two days. Is this a target based on TA, or something else? Why the two day time frame?
Re: PNA - Pan Australian Resources
Hi Joe,
I dont have the knowledge of charts or the technical tools to make any predictions, i am only 'guessing' this will be the case.
Reason:
1) Yesterdays announcement: Ban Houayxai Drilling Extends Gold-Silver Mineralisation
2) GRAM will transfer the funds for its 19% stake this month. This will give PNA enough funds for exploration.
In any case, i will be holding this a lot longer till it crosses $1.
Secondly although the US market is predicted to fall by next month (read a report by Harry S Dent), it is expected that 'crisis' commodities like Gold , Silver will rally until end of this year and maybe even early next year.
Copper has already seen 2 peaks (mid last year and current), not sure what this means for Copper price though.
My gut feeling is that the share price will rise beyond 50cents and it can happen in 2, 10 or 20 days.
My earlier post was based on threads from HotCopper website. Some gurus had predicted the outcome for today (that happened) and they expect this to hit 50cents by 10th.
I apologise if this has caused any confusion as it is not a guaranteed outcome. It will be good if it does happen.
Hi Joe,
I dont have the knowledge of charts or the technical tools to make any predictions, i am only 'guessing' this will be the case.
Reason:
1) Yesterdays announcement: Ban Houayxai Drilling Extends Gold-Silver Mineralisation
2) GRAM will transfer the funds for its 19% stake this month. This will give PNA enough funds for exploration.
In any case, i will be holding this a lot longer till it crosses $1.
Secondly although the US market is predicted to fall by next month (read a report by Harry S Dent), it is expected that 'crisis' commodities like Gold , Silver will rally until end of this year and maybe even early next year.
Copper has already seen 2 peaks (mid last year and current), not sure what this means for Copper price though.
My gut feeling is that the share price will rise beyond 50cents and it can happen in 2, 10 or 20 days.
My earlier post was based on threads from HotCopper website. Some gurus had predicted the outcome for today (that happened) and they expect this to hit 50cents by 10th.
I apologise if this has caused any confusion as it is not a guaranteed outcome. It will be good if it does happen.
johannlo
wintermute000
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Re: PNA - Pan Australian Resources
Medium/LT holder too.
I agree that you can't just throw figures in the air Andy even if there are grounds for optimism. I know the HC thread you are talking about Andy lol and believe me there is so much fluff to wade through my head spins just thinking about it (signal noise ratio!!!!!!!). I don't disagree with what you have posted but nothing in there gives the specific targets you have mentioned.
Anyhow here is my 2c based purely on the chart below, we all know the fundamentals (don't we? lol)
- successive large white candles on increasing volume
- golden MACD cross
- ADx turning stronger
- RSI (not shown) also turning up
- looks to have broken out of the sideways channel over last month
Medium/LT holder too.
I agree that you can't just throw figures in the air Andy even if there are grounds for optimism. I know the HC thread you are talking about Andy lol and believe me there is so much fluff to wade through my head spins just thinking about it (signal noise ratio!!!!!!!). I don't disagree with what you have posted but nothing in there gives the specific targets you have mentioned.
Anyhow here is my 2c based purely on the chart below, we all know the fundamentals (don't we? lol)
- successive large white candles on increasing volume
- golden MACD cross
- ADx turning stronger
- RSI (not shown) also turning up
- looks to have broken out of the sideways channel over last month
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Re: PNA - Pan Australian Resources
Not my place to speculate on price targets.
But i did see this breakout coming. Regretting not topping up with more shares, but I'm sitting on a sizeable quantity at the moment and hindsight is a wonderful thing.
It's probably not too late to catch this run upwards regardless.
Big volumes traded yesterday.
Holders enjoy!!!!
Not my place to speculate on price targets.
But i did see this breakout coming. Regretting not topping up with more shares, but I'm sitting on a sizeable quantity at the moment and hindsight is a wonderful thing.
It's probably not too late to catch this run upwards regardless.
Big volumes traded yesterday.
Holders enjoy!!!!
Re: PNA - Pan Australian Resources
Broke Res @ .60 yesterday, continued today with a strong trading day, Vol has increased over last 3 days,
Weekly chart show plenty of upside to previous highs 1.15 of May,June 08
Cheers
Broke Res @ .60 yesterday, continued today with a strong trading day, Vol has increased over last 3 days,
Weekly chart show plenty of upside to previous highs 1.15 of May,June 08
Cheers
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Re: PNA - Pan Australian Resources
anyone know what announcement Pan are about to make? They have been placed in a trading halt today. I haven't been following for a while, any info would be appreciated, cheers.
anyone know what announcement Pan are about to make? They have been placed in a trading halt today. I haven't been following for a while, any info would be appreciated, cheers.
UMike
Klutzing in Thai
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Re: PNA - Pan Australian Resources
An acquisition I believe.
The trading halt should give everyone an equal opportunity to make what they will from the next ann
An acquisition I believe.
The trading halt should give everyone an equal opportunity to make what they will from the next ann
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Re: PNA - Pan Australian Resources
you have to understand this is in Laos and theres not much there
its a real punt this one
but who knows it could be another kingsgate (Thailand) and thats north of 10 bucks now (dont know why)
you have to understand this is in Laos and theres not much there
its a real punt this one
but who knows it could be another kingsgate (Thailand) and thats north of 10 bucks now (dont know why)
Re: PNA - Pan Australian Resources
PNA is a much larger company then KCN, perhaps you should have said it could be another OZL (when it was OXR and owned Sepon).
PNA is a much larger company then KCN, perhaps you should have said it could be another OZL (when it was OXR and owned Sepon).
Re: PNA - Pan Australian Resources
PNA market cap, $1.521b, debt, $113.56m. Listed 1987
KCN market cap, $1.024b, debt, $2.144m. Listed 1988.
Hold small amount of PNA but it`s oh so slow
PNA market cap, $1.521b, debt, $113.56m. Listed 1987
KCN market cap, $1.024b, debt, $2.144m. Listed 1988.
Hold small amount of PNA but it`s oh so slow
tinhat
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Re: PNA - Pan Australian Resources
I'm thinking of timing an entry into PNA, or am I too late and the curtain is about to fall?
I'm thinking of timing an entry into PNA, or am I too late and the curtain is about to fall?
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Re: PNA - Pan Australian Resources
If you're asking this question on a forum, then clearly, you haven't done enough research!
As a previous poster said, they are slow (double in six months), and I will tell you they are sure.
If you want something slow and sure, dip your toe. DYOR
If you're asking this question on a forum, then clearly, you haven't done enough research!
As a previous poster said, they are slow (double in six months), and I will tell you they are sure.
If you want something slow and sure, dip your toe. DYOR
Re: PNA - Pan Australian Resources
chart wise there is nothing to stop it from running still, and copper is still increasing which will help push the sp.
chart wise there is nothing to stop it from running still, and copper is still increasing which will help push the sp.
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Re: PNA - Pan Australian Resources
D'you know something about "the curtain" that the rest of us don't ?!
tinhat,
D'you know something about "the curtain" that the rest of us don't ?!
Re: PNA - Pan Australian Resources
Year over year, PanAust Limited has been able to grow revenues from $107.0M to $348.1M. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 67.36% to 34.99%. This was a driver that led to a bottom line growth from a loss of $40.0M to a gain of $19.0M.
Year over year, PanAust Limited has been able to grow revenues from $107.0M to $348.1M. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 67.36% to 34.99%. This was a driver that led to a bottom line growth from a loss of $40.0M to a gain of $19.0M.