PINL:WNARF - Post by User
Comment by
LuvMyGoldon Jan 05, 2006 11:00am
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Post# 10119650
RE: TEST....................................$1.55
RE: TEST....................................$1.55I also came across this one yesterday, based on their news release. Its only been trading in Canada since Dec 12/05. I don't know nickel exploration plays very well, so this Australian company is a bit of a mystery to me. With the help of a very knowledgeable poster on another nickel board(moistcamel on FNX), my understanding of the nickel in concentrate process has improved somewhat. Grades look excellent, tonnages not too bad.
One strange thing I noticed about yesterday's trading is that most of it(if not all) was CIBC crosses. Guess they are the market maker for the company. Extremely illiquid so far, until some analysts focus on it.
But, being a producer by the fall of 2006 is promising. Worth a closer look and monitoring.