Paulo

Safe Haven Investments: Imminent Danger and Opportunities

For someone who claims to be heavily invested in PAL it is surprising that you seem oblivious to the fact that it was announced at least a week ago that production would cease and that some 340 workers would be laid off. Further, the shares precipitously declined by half before that announcement!!
Will PAL go bust? No, they have cash (which is why I bought) and have a new CEO from Barrick with a mandate to do acquisitions.
But PAL is dead capital until the next bubble(s).