in a bear market where speculative stocks, chances to ever produce anything is in question, conversly, take a company with a major asset, and a major JV partner, and the chances of developing to producer status are much better.
the faithful will continue to appreciate, what sets NKP apart from the rest of the crowd, on that basis.
Others, the blind, will continue to stumble in the dark alley of their own thinking.
Now here's something not poked too far yet.
Say Anglo is the JV partner, but xtrata want in.
Next move, Xtrata t/o of the majority of NKP, forming jv with Anglo/ genorah.
Of course Anglo will have none of that, and the bidding war begins.
NKP Price at posting:
23.5¢ Sentiment: LT Buy Disclosure: Held