I think a number of fundamental and technical barriers leading...

I think a number of fundamental and technical barriers leading to this rally have been smashed, and i suspect this rally has a fair bit to go - global markets allowing.

Institutions can't really take out the retail investors, because, well, there's almost none in NUF to speak of. NUF is disproportionately held by the big players which can and does mean big chunks tend to be available at the same time, however it also means until they bid (or dump) to the level others are buying (or selling) at, well, there really isn't anyone else to buy from.

My long-winded point, the above combined with improved weather conditions in the past 12-18 months (anticipated to continue into the short-near term) should set NUF up nicely for a decent rally. However, and as always with NUF, i expect this to be via wild fluctuations up and down while trending up rather than a gentle rise. NUF seems to love wild swings, so enjoy the trading ride.

I can see $6.5 in the near term, and probably closer to >$8 based on the recent market release, into the future i mean, but that could well be 1-2 years away.