Apart from toms upbeat prediction of nickel price reaching us$10.84 in the short term,the price keeps dropping but hopefully is getting close to its bottom,before consolidating for a while.
Sp has cracked under $4 and could go lower still with a bit more weakness in nickel ,next week maybe.
Certainly has dropped a bit since div announcement date as I predicted and possibly only a week or so off $3.50/60. Glad I didn't buy at the high expecting $5 plus in the short term.
A good profitable co even with a lower nickel price but not everyone is getting carried away and making bold or ridiculous statements.
The shares are worth below $4 at the moment according to the market,and the market being the majority knows better than just a few individuals.
A little reminder for tom,history does not always repeat itself.
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- still disappointing...
JBM
jubilee mines nl
still disappointing...
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