GREY:FNKLF - Post by User
Comment by
risktakeroneon Jun 07, 2011 11:23am
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Post# 18680923
RE: RE: And so we WAIT !!
RE: RE: And so we WAIT !!Very True, I think as long as Nickel prices remain above $10 we are looking pretty good over the next year to two years. The trend is currently down, but I am hoping it turns by year end. Also, with production within a 3 month window I see the trend on the stock going up.
Nickel although not the most popular metal has many applications and if they can sell what they produce, we should def. see .60 ++ back to 2007 level of under 1.00. That would be amazing although the share outstanding were around 160M back then I believe, now under 500M, so we will see.
We will just have to be patient, any chance I have to pick up more at .15 is a no brainer.
So move down or move up, I am good with it.
RT