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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 Nov 06, 2014 3:07pm
173 Views
Post# 23103374

RE:This thing still trading?

RE:This thing still trading?You said that last week man. But it's still flip flopping in the 29-31 cent range all week. I think this is the bottom. Volume has dried up and it's not moving here nor there. It takes volume to move a stock that much. I don't think this thing will see 19 cents given the current state of affairs. I might be wrong, really horrible news might come out, but I don't know what it would be- it's not gonna be bankruptcy, we heard that with the news release earlier this week. It's all good news that's come out, people are still apprehensive but there's enough potential that no one else is willing to take the loss and sell at these levels, there's enough upside to make it worth holding. I think once tax loss selling is over, people can write this thing off on their taxes, they can get back in after the new year, and I think they will. Just my opinion.
Bullboard Posts