A great buy! The word spreads...

The recent LJ purchase is making more waves with the commentators. Here is an excellent wrap from the Investment Doctor:
"Update: Poseidon Nickel Gives More Details On The Lake Johnston Acquisition Sep. 8, 2014 2:52 AM ET | About: Poseidon Nickel Ltd. (PSDNF) Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. (More...) Summary Poseidon Nickel announced it’s paying just $1M for the Lake Johnston nickel assets. This is much cheaper than one would expect, given the existing infrastructure and 150 million pounds of nickel in the ground. The investment thesis will be positively impacted as Poseidon Nickel is now in an excellent position to benefit from any increase in the nickel price. Poseidon Nickel (OTCSDNF) has released another update on the acquisition of the Lake Johnston nickel project in Australia. When the company announced the acquisition of this new project, it failed to mention the acquisition price, and in today's update, Poseidon has confirmed it will pay just $1M for all of the Lake Johnston assets. $100,000 has already been paid with the balance due when the transaction will be completed after certain requirements will have been met. Just like the Black Swan acquisition, Poseidon Nickel is acquiring this asset on the cheap. The price tag of $1M buys you a processing plant at a throughput of 1.5 million tonnes per year and approximately 150 million pounds of nickel with an in situ value of $1.2B. It looks like Poseidon made a real bargain deal here and even the scrap value of the processing plant would likely be worth $1M. This is the second acquisition of a past-producing Australian Nickel project in just two months and just like the very cheap acquisition of the Black Swan mine and plant, Poseidon Nickel's newest addition is another bargain. This means that the company secured two past-producing mines with a total resource estimate of approximately 550 million pounds of nickel (with an in situ value of in excess of $4.4B) for just $2.5M. If the analyst consensus about a double-digit nickel price is even remotely correct, Poseidon Nickel will do very well in the near future. Editor's Note: This article covers a stock trading at less than $1 per share and/or with less than a $100 million market cap. Please be aware of the risks associated with these stocks."
i can only agree with the comments!
Cheers
Dave