Ares Strategic Mining Inc - Ordinary Shares NHRIF

RE:RE:RE:RE:NFE Level 2 - 2's almost gone, time to move up

[SuperMoney]

JR12 wrote: Super, the only reason why NFE ever got to 1c is because a fund started unloading last year through Anonymous and they took the price down. Otherwise it shouldn't of gone that low and there would of been around 4 million shares held by that institution. So this caused all the cheap flippers to come in. But the OMC deal was sealed just after that time and injected NFE with $952,000. Now I know OMC won't/can't sell because they have too big of of a position and they are helping the company find a deal. I recommend reading all the articles NFE keeps posting because if Veneuzela reduces exports along with Iran and the US dollar gets stronger, HBI will be really in demand next year. The 3.7% US growth announced today is a great sign and since their Canada's main trading partner, NFE should be able to get some deals done south of the border.

I think if we see someone clean the 2's and 2.5's, it's time to run to that 4-5c level. Then with financing for future drilling confirmed, 8-10c+ is where we are headed. $11 million in assets right now and less than $100,000 in debt for the company, they have a very clean balance sheet. 

JR, I totally agree with you. For the previous post by Lamwcw, I don't know what he is talking about except some dirty words. Does not make any sense at all.