Post by
Michiel on Nov 23, 2021 9:12am
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Canada nickel company is doing very well the last days. Wouldn t it not be smarter to put our nickel-focust money in that stock? What is your oppinion....
Comment by
Talchior on Nov 23, 2021 9:37am
Nickel28 is a long term company. I can wait a decade to have my profit put to the moon.
Comment by
Michiel on Nov 23, 2021 9:53am
lol. You are a real Nickel28-fan Talchior.
Comment by
Michiel on Nov 24, 2021 11:43am
@abrahaminc. Thx for your analysis But for Canada Nickel , which is according to your opinion, a high-risk action, people are prepared to pay over 3$ a share, and for Nickel28, a low-risk action, the investors have no Urgentie to buy, even with a price below 1$. The saving is "The market is always right". So the market believes there is more potential for Canada Nickel Comp i guess.
Comment by
abrahaminc on Nov 24, 2021 12:04pm
I am not bothered to limit what stupid people do. I can simply share my opinion which is what you illicited through your post. Nickel 28 was $0.12 cents when Canada Nickel was $3.00, how about now? My point is precisely that a significantly de-risked Nickel 28 with cash flow is highly undervalued at $1. Also share is price is only one of the factors that goes into valuation...
Comment by
abrahaminc on Nov 24, 2021 12:06pm
The saying 'the market is always right' refers to the long run....in the short run the market is often wrong....
Comment by
Michiel on Nov 24, 2021 12:40pm
@abrahaminc. Your right. This one is for the long run. Nickel price is up strongly today. I am curious how much this will boost the CF in second half of the year.