OTCQX:BALMF - Post by User
Comment by
YetAnother1on Apr 25, 2020 5:54pm
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Post# 30953728
RE:RE:7.70 Ca
RE:RE:7.70 Caflashcash wrote: montybissett wrote: is the price of nickel. If this mess can lighten up dramatically. I imagine the world will go on another spending spree of infrastructure. If that comes to fruition and mines are shut down for a period, prices might get going. If not the price we see today is a high point. If the Dems can drag weekend with joe over, or should I say their VP over finish line they will really crank up the spending and EV battery business. Hopefully out of gold in a year and out of Nickel in 2. I might have said that before. Dont forget the Grass nickel as it is the icing on the top for WM and the future
glta
My money is on a buyout of Wally/Bally and a spin out of the nickel assets with plenty of cash to support them, time frame late this year to early next year.
I agree about the spin co.
The buyer will just want fenelon.
The spin co. holds everything else with very little cash.
There is a danger that WM shareholders get less because there will be a value attributed to everything else. And imo Everything else is not worth too much