OTCQX:PALAF - Post by User
Post by
fredviewon Nov 16, 2013 9:43pm
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Post# 21913271
Raymond James 30 cent price target
Raymond James 30 cent price targetI don't think they have much choice at this stage. They need the cash flow even though they get breakeven return at best while depleting their resource base. It's Darwinian at this stage, they are at red line and fighting to stay solvent. It's companies like PDN that allow the buyers to reap these low spot prices. No cash flow no company.