RE: RE: RE: No Major InvestorsMy point about selling pressure is that if one purchased commons at 8 to 10 cent a month ago and bought the PP, one could sell his/her commons for a 30% profit, there by reducing their PP cost. Also of note, is that the commodities might decouple from the $US to some degree as the economy improves. Regardless, we are in agreement about the value here. True. as I told some fellow investors. this probably will not " pop " like the day traders like but it will continue in an uptrend as we get closer to payday and discover what profit it can generate.
If that profit turn out to be terrible, it will sell off at that time. $5 is a silly target but 50 cents should be a given.
We wish to see enough revenue to pay for further drilling on Nickel Off Set property. Also, on a positive note, is the low float here. Sure July will add 9 million but that still only puts it at 60 million. Perfect scenario especially now that they are back in business. Very nice set up.
GLTA,
FH