PAN ANDEAN RESOURCES......Discussion thread

Hi NickB,

To be honest, I'm happy just to be out at a neutral 11p some time ago. I watch now out of interest, rather than with a future plan. Just to be clear, I'm not a chartist - but I can see that each new high (and low) has been lower than the previous one.

I am currently reading Benjamin Graham's 'The Intelligent Investor' and that is reinforcing my view that I can't think of a price at which I would view this as attractive.

Newsflow has been nondescript all year, and when it finally arrives it's rubbish! Liquidity is rubbish. Management appears to be even worse.

My portfolio is heavily biased towards oil (80%) and I have many other oilies above this on my wishlist. The only thing that would excite me here would be a massive political turnaround in Bolivia.

Happy new year to all - sorry for the depressing tone :-/

c.c