I agree, totally over rated.
what does it mean when ASX asked them why has the price shot up so much, and NIA respond back "we dont know"
They brought the mine a year ago, price tripled, it didnt stay up because they were not making money yet.
New manger comes on price is now 6x higher. they still havnt made 6x their value in profit selling nickel yet, so whats going to keep the share price where it is?
reminds me of last year.
I would not be suprised to see this fall again to 50c (poke! poke!)
NIA
niagara mining limited
