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Niko Resources Ltd NKRSF

Niko Resources Ltd is an oil and natural gas exploration and production company.


GREY:NKRSF - Post by User

Bullboard Posts
Comment by mining_pays_my_billson Oct 01, 2014 8:42am
191 Views
Post# 22985854

RE:Nice bounce yesterday and natural gas is also up big in the

RE:Nice bounce yesterday and natural gas is also up big in the Yes exactly - TD has a price target of $3.50/share based on current net asset value. Many on this board are cutting each other up for avg purchase prices of $1.50, or 2$, as though the people that bought at those levels are complete losers. Guys- NKO was at those levels a few weeks ago, it can return there as quickly as it came down if gas prices go up. According to TD analysts you all got a great deal, whether it be purchase price of $1.50, or 2$, or even $2.50, there is potential upside of 50-250% for all of you. No one can call the bottom with precision every time, as long as you buy on the low-ish end, you will make returns, and that's a success, not a loss. 
Bullboard Posts