Good Morning,
My bullish rhetoric on Nickel has been ramping up consistently and aggressively these past 2-3 months while spot prices consolidated under $10. Nickel is trading at $20.50 as I type and doesn't look ready to stop after taking a mid morning breather around $17-18 (now rallying freshly into the $20's). Amazingly (!), nickel equities, and in particular junior exploration companies have yet to really catch a bid! But, I see that changing right now......
Throw a dart at a nickel play that's real and it has a strong chance to provide swift 25-75% returns....very swift! These stocks are lagging big time but tend to catch up in gallops once they leave the gates. As mentioned many times, I am especially long these stocks below in order of position size from biggest to smallest that I still consider cheap:
Giga Metals (GIGA/HNCKF)-.39CDN
Murchison Minerals (MUR/MURMF)--just became 2nd largest buying on drop today under .11 CDN
Gungnir Resources (GUG/ASWRF)
Nickel Rock Resources (NICL/NIKLF)
*I own 1 million shares of GIGA and am confident that I'll bank $1M profit minimum from the investment.
The other 3 are all 6 figure investments so I am betting a huge amount for me on nickel stocks.....the risk is being on the sidelines at this point!!
Cheers,
Eric