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Buy Long PAF.L
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Pan African Resources PLC (London: PAF.L) - Open
| Symbol | Position | Allocation | Picked | Current Price | |
|---|---|---|---|---|---|
| PAF.L | Long | 10% | $12.2537 | $14.5000 | 18.33% |
| Opened | August 15, 2011 10:52:54 AM PDT |
|---|---|
| Closed | - |
| Risk | Low |
| Target Date | September 15, 2011 |
| Target Price | $15.0000 |
| Timeframe | Short-Term |
| Suggested Stop Loss | $11.0000 |
| Holding | No Position |
| Disclosure | Have £5000 invested. |
Why did Pan African pay up early on the land for the platimun plant? Sure they got a discount but it was also paid on the 3oth June the Comapny year end date. Must have had the cash to pay and the years results must be good? Worth a punt I reckon. The company looks undervalued on its gold and platinum reserves.
