NIA niagara mining limited

twiggy will run this one soon, page-38

  1. 8,420 Posts.
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    Steve - good research.

    Current overpriced stock price aside, Im still bullish on Poseidon.

    I agree that Windarra is a difficult deposit - but I believe it will be nothing more than token symbol of what the Posiedon Giant may become - and this is what Forrest has bought in on. Forrest is a marketer, and Windarra and Posiedon are effectively trade marks.

    Windarra may come up with the goods, but I envisage a series of mergers and acquistions - and Forrest has the backing to do it. Forrest wants to build the next WMC - poseidon and FMG are just the beginning.

    Crystal balling, maybe - but if someone can pose another reason why Forrest would become involved in a historically difficult mine then Id love to here it.

    Boguns are not necessarily investment advisors - DYOR





 
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