twiggy will run this one soon, page-39

cashed up bogun,

this would be a cash cow, because - very small startup capital, huge $ return, but the nickel price has to be high enough to do this. thats why this mine has opened and closed periodically in the last few decades. Its also why i brought in start of year as for 22c stock it would grow to $2 over time. if you look at the old articals NIA brought it last year because they were expecting these high prices so brougth the mine before nickel got up to these prices.

So its because Niagra mining which had a $50mil market cap (sp 22c), about to make $130+mil makes this huge, but now the price is up around $2 (and about $1/4bil market cap) and about to make $12mil it is a disaster.

even to a big company like BHP (who owned this mine and sold it to NIA last year) it is too small to worry about. This site is nothing knew its been known about for 30+ years.

no one was expecting the nickel price to fall off, if it gets bove $40K/t then buy back in. while its under that price margin best not to hold as there will be no profit to be made. and even at above $40K/t this stock is only worth $2 once it has been selling properly.

The nickel price only has to fall a little bit more before it will be imposible for POS to make any money. As the SMH artical I posted says its going to be very hard to get this off the ground now that the price has fallen, but with the record high nickel prices this was a absolute fantastic stock.

I think twiggy was there just to use his contacts to help sell the nickel, what they are doing is what they were planning last year. - hence why the artical says twiggy is yet to bring anything to the table. and for $12mil of nickel theres not going to be much to do!