buying opportunity wont last, page-16

Entropy, I wasnt saying you had these bad dreams, just "some people".

And you are right in telling tonypell that AGM wasnt yet producing and therefore had certain risks. Thats why the share price is not $1.50 now; because the market believes that there are risks the SP stays well below $1.50; it may rise as production startup gets closer because there is less risk.

What are the risks?

Well the ball mill sinking for a start. Then look at other nickel projects. Ravensthorpe 18 months behind schedule, costs nearly doubled. Goro has trouble with its environmental policies (or lack of). Many new mines find it impossible to get good miners and other specialists. Other mines start digging and the ground is unstable. Raising finance can be a problem for many companies. Dodgy mining practices could halt production.

AGM is no different as Entropylord points out, the risks starting a mine are huge.

Wouldnt it be good to find a nickel company nearly starting up which is running to schedule and to budget. With no enviromental problems. Which is funded. Which has the main decline established in stable rock. Where workers are falling over themselves to return to the area where the mine is, to start work. Where industry best practices are adopted as a minimum.

No that would be impossible. Such a company would be a once in a lifetime find and everyone would have shares in it........ But what if the market out there thought this company was the same as all the rest, had the same risks.

It would be a bargain.................. No it can only be a dream..........