GREY:NUSMF - Post by User
Post by
Blacknite4on Dec 07, 2012 9:03pm
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Post# 20701655
Hopefully the bottom is in
Hopefully the bottom is in Its amazing how far its come down. All this happening at or near year end also meant selling for tax purposes made it an extra rather dramatic drop. But i would have to think we have to be at or near the bottom now even though an investor can claim his losses right up to Dec. 21 or 23 or so the vast majority have cashed in already driving the sp down to this over sold .28 cent level. To think Nus has a 70 million market cap while they have 200 million in equity. Wow ...yeah I think it is worth a gamble at this price as all it may take is a few meetings over the next few weeks or couple of months to explain and clarify the process used in mining the sea floor to calm the fears of the protesters and its game on.The Nus people have undergone extensive research and built mini models to ensure the process can work with no or minimal at least long lasting harmful impacts to the sea floor all they have to do is educate the environmentalists and protesters and put their fears to bed. The Nus people are optimistic this can work and I am as well.
Good luck to all,
bn