POSTED BY SOMEBODY ON SS=============================25 May 2007...

POSTED BY SOMEBODY ON SS
=============================
25 May 2007 - Sonray Equities morning report by Peter Taylor

PGL – HOLD

Receives “Overweight” rating by US Broker Thomas Weisel

Looked like some margin pressure selling yesterday – sell off recovered most.

This one is going to take some time to show a return but investors and traders should be patient and keep holdings appropriate to their overall account size.

Broker Bell Potter was quoted in the News last week, promoting PGL with a $14+ price value.

If this were a US stock then it would probably be there already.

PGL is probably the best BioTech opportunity in Australian currently.