RE:RE:RE:RE:RE:RE:Terrafame nickel mineAgreed Masdinero. Risk is what you can handle in the juniors. Trading junior explorers is definitley more the game, but stocks such as CNC has way better odds of becoming a mine "in my opinion". Thus my adding shares at various levels and accumulate a larger position the more news releases show the company advancing it to the mine level.
Crawford has shown the deposit's resource report and PEA, and the metallurgy shows what is believed to be the highest grade concentrate for a nickel sulphide deposit globally.
They have the First Nations deal in motion, plus they just started the Federal Impact Assesment permitting process. If that doesn't show you the company believes it will the first of many mines then you haven't been paying attention, new to the mining game or have ulterior motives. These are major developments.
BTW, GBR did a 50% pullback 4 times on it's way to a $29 buyout. CNC's pullback of 60% from a one day high of $4 to today's price during a mass market meltdown is more than normal occurence in the junior markets.