Post by
Astraphobia on Feb 07, 2024 6:38pm
It don't matter
At the EOD our posts on this forum won't move the needle either way. Of course if I'm looking to buy I want to pay less than 1.40 and with the volume we see I suspect it will continue to slide down to the buck area once again. Patients pays ya know. But. I do see some potential here. I assume the feasibility and environmental studies are going to be happening this year? They have a nice pile of money now so I think that was probably what held that up for so long? I do like that 3 companies bought into the stock all within the last year so that provides some stable shares as long as they hold. There's still a ton of risk with the studies and indigenous negotiations. Also the funding to build would partly come from a huge offering so that's not fun if you get in now. I would think the shares will end up around 500 million or more by the time it's built. That's massive dilution. Also interest rates are a non starter for now. They would have to drop at least in half before this sector starts seeing a return of capital I would think. So with all.that I'd say there is lots of time left to take a position here. If I had money lying around I could park it here but I'd be missing out on all the green in the rest of the market while we wait for lower interest and better nickle prices.
Comment by
Astraphobia on Feb 07, 2024 6:55pm
Oh I c feasibility study complete!
Comment by
Chieff on Feb 07, 2024 11:19pm
It's time to go cncphobia. You are a rambling clueless fool. Go back to school and get a real job if you have the mental capacity