PennyO when you wrote your post the price was about 28 cents.
Subsequent to that the price fell to 22 cents so apparently the price of POS at 28 was not cheap enough. However, it was not the price of nickel that pushed POS to 22 cents was it? And neither was it the price of nickel that sent NIA to $1.90 was it? NIA was 21 cents in a nickel bull market. It was other factors (the Forrest factor) so your theory on the nickel price is not all that strong.
This company is an explorer and will go up and down based on news, such as today, in spite of the nickel price.
Enough said on that I think.
takeover target, page-56
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