no more commodities rallyi think the commodities rally is over, and pnp will take it on the chin for the next couple of quarters.
there will be no more QE2 and this will push commodity prices significantly lower,
if this is not true, than PNP shopuldnt' be trading at these levels.
this would be a steal........and nobody seems to see that,
NAV will start to decrease from now on, and i believe PNP's stock price is in reflection of that...............
just my opinion, i think this company make good investments......but i dont believe in a commodities rally anymore based on no more fed pumping and jobs numbers improving............
you can't be trading at like 25 - 40% premium for very long............this is not a good stock to own when times are good......you only buy this when commodities are really beaten down..