twiggy will run this one soon, page-22

Now to answer my readers questions,

TheAppretice,

My statement still stands, why would you buy a stock trending down when you can aim for the bottom. Now I understand today was an especially big day for you, as it was the first time, in a long time the price didn’t go down. But does this 1 day of change, really mean that the stock now has reached its bottom? Or do you think there might be more of a chance that the article in the Kalgoorlie “Full steam ahead at windarra” has hyped up buyers and attracted new ones? – sort of like how coke advertises on TV. If this is the case then it will last a couple of days or a week. I am happy to take that risk, as if I brought every time the price had a green day the last couple months, i would have brought 2 maybe 3 times now :p

MrBMW,

Just to be clear, your whole research for buying NIA, and all the research you did was find out Mr Forest became a member of the board? In other words you didn’t calculate $10 from anything in particular?

Burdman

Just saw your post as i was about to send this, many thanks for your input! - I have a theory on what this ore being pumped out the mine daily might be to do with, they were saying last year they were going to start leaching the 1% nickel stuff. This is also well over due from the announcements, maybe they are now doing this which is what they are getting confused about. I doub’t this would make an announcement on its own as they are only expecting to make $10mil all up which is just to cover running costs, I also haven’t heard have they drained the mine yet? This also was supposed to have been done end of last year and as far as i recall i saw this in an announcement the other month that this is still to be done. Things are moving slower than planed and i think we still have time to wait for a new buying opportunity.


Guys I would love you to prove me wrong early, I just cant see how you justify the price of today. To me its like you are just excepting it without questioning the now only 400% rise for no reason.