RE:Very very interesting
Have not posted here in sometime.. However, I've scaled in a small position here, based on the overall thesis that management for the past year, has improved the balance sheet, and, for now at least, the hemmoraging of the share price has subsided..
There are several near term catalysts that both traders and investors (varying hold time horizons) should be looking forward to. Class One Nickel is in a deficit situation, and Sherrit common stock can be viewed upon as a leveraged call option on the price of nickel, particularly Class 1 nickel.. The other catalyst is Block 10.. while I expect no great shakes here, any upside is a pure bonus, as it seems to me the company is trading somewhat below its intrinsic value.
Appreciate thoughts all pro and con here.. the 1/2 devil (reminds me of Freddy Flintstone's Gazoo) is a useful indicator.. BBD Trainster, OMG I guess his timing was rotten..feel sorry for that chap.. if only he had started buying towards the end of last year, he would have been a happier man..