now, very depressed stock price based on heresay. still mining/producing at a good rate. artificially down about 30%. If there is no bad news - such as delay to new shaft - stock will rocket. If they use tthe new CEo as an excuse to report poor earnings, stock is still very depressed because of misplaced sentiment . Anticipate upward climb prior to and hopefully further significant climb following report. Short term value is immense. PAL will pop, could happen very soon, could happen before earnings. Zero reason to be so low.
Seems Phil Du Twit is clearing the dissidents, typical Frenchmans manouvre. Comes across like he is clutching at straws and not very convincingly. The all important issue - production from the new shaft, schedule wise this remains on track, The stock will rebound, especially with Europe exiting their quagmire with a ton of jelopies on the road. Don't know about this Phil du twit though
" based on heresay."
Really? 2013 production guidance below 2012 actual. 2013 q2,q3 guided between $500-$600 - way above 2012. And Pd prices down. Byproduct prices down (Pt,Au,Cu,Ni) way down. Those are facts not hearsay. 2014 est EPS reduced to .04 from .16
"If there is no bad news ..... stock will rocket"
With PAL that is a big if. ANd what about upcoming financing?
I would wait until financing info before buying or adding to PAL.
All in all I think stock price is fair to somewhat high.
Thanks for your thoughts, I like the Company, how they are moving forward with there ramp up.
The stock price is very low and if look at what they have in the ground ,the stock price should be alot higher