squirrel264 Feb 2021 14:38
My own take, and i have been following and trading and also holding a core amount of PANR for several years is that we could possibly hit as a spike the 185 figure we got to before. Ime not sure i would wait for that, my preference being to take profits earlier than the crowd, but if a disaster then its going to be very bloody. 10 months ago we were at 7p. After that we held around the 12 p level for about 4 months before starting the rise to 48p which took 3 months. This rise was based on the speculation for this drill.
My guess, and its only that, is the share price would get pretty traumatised and fall to the 12p level. It may take a few days but a lot of holders wold want out as the main story for being here would be over.
In the best case i would think we could get the 185, but it would have to be good, very good, and then a lot of shares would be vulnerable to profit taking. For a two year hold of course it would be different, then you have to allow for £3 plus per share, but again the story would have to be very very good. No ifs or buts, especially as PANR has got a bad track history for shareholders unless they baled out very rapidly on the first bit of good news because after that it was pure 'orrible.