HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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Message: Elephants
Initially I thought this might be more appropriate "off topic" but since it relates directly to NOT share demand , here it is. If you look at the NOT /MCF portion of PNP's market cap, you will realize these plays represent a small (but rapidly increasing) portion of PNP's cap. Much of that cap is taken up with uranium plays, and market sentiment has moved quickly away from uranium stocks as US govt works with utilities and Russia to avoid a price rise. Additionally, much of PNP is great small plays that need much more time, and a more certain economic outlook. So, money is going to pure world class potentials like NOT for now, and will return to PNP as overall conditions improve. The key is NOT/MCF are pure world class plays NOW, whereas PNP (at $3.15) is much more a future store of value. In this market, there is simply little $ chasing spec situations,  it tends to be tough experienced investors, and they will zero in on the pure world class play.
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