POS 0.00% 0.4¢ poseidon nickel limited

Last chance at 11 cents, page-107

  1. 852 Posts.
    TB. Petra-and clients also took 18c shares in last placement.

    So what of an earnings estimate with a PE of 1.7 as forecast by Petra.

    Unless you got some meaningful production, forget the E. If you don't look after the E forget the P.

    Thats why the P can easily go below 10c/share. To 9 and even 8.

    All good for a broker to guess, lets see some delivery.

    Petra also back Alara Resources as well. Ouch! Oh.. and Red 5.... Ouch. Not everyone is a winner in these tough markets. Best to do your own homework.
 
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