Pan African Resources for 2006

TOM2468 - I agree TW is usually very conservative with his recommendations. Given that he always says "fundamentals will out", he allows himself time for companies to develop their business models. This is particularly important for resource stocks, when management has to raise funds at opportune moments i.e. when the sp is rising. AIM is litered with stocks that have been forced to pass the cap around when they are running out of money.
Given the pending change re AIM cash shells, management are going to have to announce deals very quickly. Otherwise they will go bump very quickly.
Those with large projects, where resource estimates will be upgraded, will succeed. PAF is one of those companies imo.